About

Name: vzen
Location: Spain
Bio: Eclectic investor

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I think Armstrong is right on the spot with his forecast. Ugly but certain.

Oops!

And then in August 1923, you needed this one to buy the same loaf. Crazy how hyperinflation destroys everything, right?

You had to be a millionaire to buy loaf of bread during the Weimar Republic. At least in numbers. "Real value" (July 1923): less than $2.