Peak Monthly Inflation In 1945 Hungary: 12,950,000,000,000,000% And Other Hyperinflationary Facts
By Tyler Durden
Created 06/15/2012 – 12:45
Submitted by Tyler Durden  on 06/15/2012 12:45 -0400
For some reason, whenever people want to make a historical example of a hyperinflationary period, they always bring up the Weimar Republic, aka Germany in 1920-1923. Yet with a highest monthly inflation of just under 30,000%, Weimar was a true walk in the park compared to the 309,000,000% monthly inflation in 1992-1994 Serbia, but especially to the 12,950,000,000,000,000% inflation that Hungarians had to deal with in the aftermath of WWII. For these and more comparative examples of hyperinflation, particularly relevant now that the entire world is rumored (for now) to be getting ready to print, see below.
See the article on zerohedge.com: Peak Monthly Inflation In 1945 Hungary: 12,950,000,000,000,000% And Other Hyprinflationary Facts | ZeroHedge