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GERMANY: INFLATION, 1923. A large firms weekly payroll is transported from the
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GERMANY: INFLATION, 1923. A large firms weekly payroll is transported from the
GERMANY: INFLATION, 1923.
A large firms weekly payroll is transported from the Reichbank in Berlin, August 1923, during the post-World War I hyperinflation
Granger holds millions of images spanning more than 25,000 years of world history, from before the Stone Age to the dawn of the Space Age
Media ID 13138489
1920 1920s 1923 August Berlin Germany Inflation Money Sack Weimar Republic Wheelbarrow Wicker Postwar Weekly
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Captured in this historic photograph from August 1923, we witness the dire consequences of hyperinflation on the streets of Berlin during post-World War I Germany. The image showcases a scene that epitomizes the economic turmoil and desperation faced by many at that time. Here, against a backdrop of crumbling buildings and weary faces, a group of men can be seen transporting a large firm's weekly payroll from the Reichbank. With wheelbarrows laden with wicker sacks overflowing with money, they navigate through the chaos caused by skyrocketing inflation rates. This snapshot serves as a stark reminder of how rapidly money lost its value during this period. What was once considered wealth now required immense quantities to sustain even basic needs. The sheer volume of banknotes needed to pay employees is staggering and highlights just how devastating hyperinflation was for ordinary citizens. The photo encapsulates not only an era but also represents the resilience and resourcefulness exhibited by individuals in times of crisis. It stands as a testament to their determination to keep society functioning amidst such challenging circumstances. As we reflect upon this haunting image today, it serves as both a historical record and a cautionary tale about the far-reaching consequences that unchecked inflation can have on economies and people's lives.
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