The Republic That Made “Billionaire” a Joke
Автор: Economy Echo
Загружено: 2026-01-15
Просмотров: 123
Berlin, November 1923: you are a “billionaire” on paper, pushing a wheelbarrow full of cash, yet you cannot afford one stale loaf of bread. In ten minutes, the baker changes the price twice and your money ages like milk.
This video traces how the Weimar Republic reached that point: war debt, Versailles reparations, the Ruhr occupation, passive resistance, and a government that chose the printing press as its last weapon. Meet Rudolf Havenstein, the Reichsbank president who kept printing as the mark collapsed, prices detonated, and a nation’s savings turned into fiction.
From breadlines to barter, from a foreigner’s paradise to pensioners erased overnight, this is the story of what happens when trust dies, and how the Rentenmark finally stopped the bleeding.
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