Grand Central during World War II
Monthly Archives: February 2015
White and Colored sinks in a North Carolina washroom, 1950
It’s Only Paper — Hyperinflation in Weimer Germany (1923)
After World War I the Kaiser was kicked out of Germany, the German Empire was dismantled, and a new German republic was formed. The new “Weimer Republic” was certainly in a financial pickle. The government had no gold, then considered the standard of wealth for nations. After four years of war the German treasury had been emptied and replaced with tremendous debts. Continue reading