I havea question that maybe you can answer (I cannot find the answer anywhere): how were the million/billion mark notes put into circulation? There are iconic photos of people with wheelbarrows of cash... where did they get it?
What I am really wondering is if a loaf of bread suddenly costs $39, how do I pay for it? Obviously I only have the cash I started with before hyperinflation. Do I not buy bread, or do I go exchange my dollar at the bank and receive a $100 note, for example? Is there a constant swapping of notes due to revaluation by the central bank? Or does everyone suddenly become unable to buy anything?
Great insight.
I havea question that maybe you can answer (I cannot find the answer anywhere): how were the million/billion mark notes put into circulation? There are iconic photos of people with wheelbarrows of cash... where did they get it?
What I am really wondering is if a loaf of bread suddenly costs $39, how do I pay for it? Obviously I only have the cash I started with before hyperinflation. Do I not buy bread, or do I go exchange my dollar at the bank and receive a $100 note, for example? Is there a constant swapping of notes due to revaluation by the central bank? Or does everyone suddenly become unable to buy anything?