Why low currency value is bad?

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Why low currency value is bad?

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Anonymous 0 Comments

If your money is worth less, it takes more of it to buy simple items. In Germany after WWI was over and the Great Depression hit, the government just printed billions of marks in bills, to the point that paper money became more valuable as fuel for a fire to keep you warm, than they were as currency. People would have to push entire carts filled with coins to the grocery store in order to buy basic food.

Given that, it’s not super surprising how pissed off people were, when a certain man with a silly mustache began rallying support and blaming everyone else for Germany’s problems. There was juuuuuuust enough truth to what he said to gain him a huge following, and the rest was history.

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