advantages and disadvanteges of hyperinflation Flashcards
1
Q
why where people on wages safe durring hyperinflation?
A
there wages regenorated every day
2
Q
why did many business man do well durring hyperinflation?
A
they could sell goods at higher prices but there wage bills did not rise so quickly so profits increased
3
Q
why did some german farmers beifit?
A
food prices where so high
4
Q
what happened after one women sold her house with the intetion of using the money to live on?
A
a few weeks later the money wasnt enough to buy a loaf of bread
5
Q
what did one person find after leaving their suitcase containing there wages unattended?
A
a theif had stollen the suitcase but not the money
6
Q
what did those who couldnt afford coal do?
A
burnt paper money as fuel
