Hyperinflation
Query URLs
https://term.museum-digital.de/md-de/tag/36617
- Note
- In economics, hyperinflation is a very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies. When measured in stable foreign currencies, prices typically remain stable. Effective capital controls and currency substitution (“dollarization”) are the orthodox solutions to ending short-term hyperinflation; however there are significant social and economic costs to these policies. Ineffective implementations of these solutions often exacerbate the situation. Many governments choose to attempt to solve structural issues without resorting to those solutions, with the goal of bringing inflation down slowly while minimizing social costs of further economic shocks.
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Hunderttausend Mark-Gutschein der Christoph & Unmack AG
Der Gutschein über zunächst...
Object information
Image: Museum Niesky - CC BY-NC-ND -
Notgeld von 1923
Das von der Stadtkasse der...
Object information
Image: Historisches Museum der Pfalz, Speyer - CC BY-NC-ND -
Reichsbanknote über Eine Milliarde Mark von 1922 mit Überdruckprovisorium
Über einem grafisch als...
Object information
Image: Heimatmuseum und -Archiv Bad Bodendorf - CC BY-NC-SA -
Notgeld Gutschein der Stadt Bad Dürkheim Fünf Millionen Mark, 1. September 1923 Serien-Nummer: No. 11314
Notgeld Gutschein der Stadt...
Object information
Image: Museumsgesellschaft Bad Dürkheim e.V. - CC BY-NC-SA -
Notgeld Gutschein der Stadt Bad Dürkheim über eine Millionen Mark Serien-Nummer: 14151
Notgeld Gutschein der Stadt...
Object information
Image: Museumsgesellschaft Bad Dürkheim e.V. - CC BY-NC-SA
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