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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: zonder who wrote (241011)5/16/2003 8:45:28 AM
From: Bid Buster  Read Replies (1) of 436258
 
"a 2:1 split of USD" may not mean "double prices" for a long time.

I don't think that was the case for 1920 Germany..

Hyperinflation has a way of feeding itself in a bad way when workers get daily cost of living increases, run to the bank the moment they get paid as the Mark devalued by the hour and buy food that goes up in price by the hour..The fact that people don't want to pay 40% more is moot if prices double every week...Many Germans of that era saw their life savings vanish in 3 months.
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