The Downfall of Money

This is the dramatic story of the hyperinflation that saw the once solid German gold mark - worth 4.2 to the dollar in 1914 - collapsing in the foreign exchange markets to trade at over 4 trillion to the dollar by the autumn of 1923. At that time, one pound of bread cost 3 billion marks, a pound of meat 36 billion marks and a glass of beer 4 billion! German banks printed more and more money, and a time came when children were given great wads of worthless banknotes to play with, in place of building blocks! Taylor reveals the real causes of the crisis and how it affected ordinary people.