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Hyperinflation of German currency, 1923
Filename: 917_05_011386.jpg
Size: 3627 x 4900 (2.3MB)
Date: 1st January 1923
Source: Universal Images Group (UIG)
Source: Universal Images Group
© Universal History Archive
Wall Art and Photo Gifts from Universal Images Group (UIG)
Hyperinflation of German currency, 1923
Hyperinflation of German currency, 1923. The depreciation in value of money made paper notes so worthless that children used them as building blocks
Universal Images Group (UIG) manages distribution for many leading specialist agencies worldwide
Media ID 9699087
© Universal History Archive
1923 Boys Building Childhood Children Only Construction German Culture Germany Girls Pavement Period Costume Plant Playing Three People Collapsing Devaluation Inflation Paper Currency
EDITORS COMMENTS
This print captures a haunting chapter in German history - the hyperinflation of the country's currency in 1923. The image showcases the shocking depreciation of money to such an extent that paper notes became utterly worthless, even for children. In this scene, three young boys and girls can be seen playfully constructing a makeshift structure using stacks of devalued Deutsche Mark notes as building blocks. The photograph offers a poignant glimpse into the dire economic conditions that plagued Germany during this period. As inflation soared, ordinary citizens struggled to afford basic necessities, leading to widespread poverty and desperation. Yet amidst these hardships, children found solace in their innocence and resourcefulness. Against a backdrop of crumbling buildings and collapsing pavements, these youngsters ingeniously repurpose worthless banknotes into toys. Their playful expressions hint at their obliviousness to the gravity of their situation – they are simply making do with what is available to them. This snapshot transports us back in time, shedding light on an era when financial instability gripped Germany. It serves as a reminder not only of the devastating consequences hyperinflation had on society but also highlights how resilience can emerge even from the most challenging circumstances.
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