The central bank machine
Government budgets and taxes
When money loses its meaning
The global economy dance
YOUR GOAL
Master of Monetary and fiscal policies explained
diego Weimar Republic Hyperinflation
We're wallpapering the rooms with cash, and burning bills to keep us warm!
diego Extreme political decisions in the 2000s led to one of history's worst currency collapses.
Millionaire bills: In 1946, Hungary printed a banknote worth 100 quintillion pengő, the highest denomination paper bill ever put into circulation.
Monetary inflation occurring at a very high and rapidly accelerating rate. In the 1920s, Germany experienced a catastrophic episode that rendered its national currency completely worthless.
What economic term describes a general, sustained decline in the prices of goods and services?
What is the term for the period of economic stagnation and deflation that Japan experienced starting in the 1990s?
Which African country printed a 100-trillion-dollar banknote in 2008 due to extreme hyperinflation?
Which US President officially ended the gold standard backing of the US dollar in 1971?
In November 1923, which country experienced hyperinflation so severe that a loaf of bread cost 200 billion marks?
Under the 1944 Bretton Woods system, the US dollar was pegged to which physical asset?