FACT CHECK · HISTORY
Claim: After WWI, inflation in Germany went up 23%
FALSETHE ANSWER
Far worse: in October 1923 German prices rose about 29,500% in a single month. A loaf of bread cost about 200 billion marks by November 1923. The Great Depression came later, from 1929.
SOURCE
Hanke and Krus, World Hyperinflations (Cato, 2012); Britannica, German hyperinflation
PEOPLE ALSO SAY
- “Inflation in germany went up”
- “German inflation after world war”
- “Weimar inflation”
- “Weimar hyperinflation”
- “Germany hyperinflation”
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