page_title: Hyperinflation in the Weimar Republic
section_title: Aftermath
hierarchical_section_title: Hyperinflation in the Weimar Republic / Aftermath
caption_attribution_description: For documentary purposes the German Federal Archive often retained the original image captions, which may be erroneous, biased, obsolete or politically extreme. Tapezieren einer Wand mit Ein-Markscheinen welche heute um vieles billiger sind als eine Tapete Information added by Wikimedia users.Deutsch: Tapezieren einer Wand mit Ein-Markscheinen, die zum Zeitpunkt der Hyperinflation in der Weimarer Republik deutlich billiger waren als eine Tapete. English: Germany, 1923: During hyperinflation, banknotes had lost so much value that they were used as wallpaper, being much cheaper than actual wallpaper. Français&#160;: Allemagne, 1923: Tapissage d'un mur avec des Billets de 1 Mark. A l'époque avec l'hyperinflation de la république de Weimar, les billets était moins chers que le papier peint.
context_page_description: Hyperinflation affected the German Papiermark, the currency of the Weimar Republic, between 1921 and 1923, primarily in 1923. It caused considerable internal political instability in the country, the occupation of the Ruhr by France and Belgium as well as misery for the general populace.
context_section_description: Since the hyperinflation, German monetary policy has retained a central concern with the maintenance of a sound currency, a concern that still affects Germany's attitude to the European sovereign debt crisis from 2009.
  The hyperinflated, worthless marks became widely collected abroad. The Los Angeles Times estimated in 1924 that more of the decommissioned notes were spread about the US than existed in Germany.
caption: Germany, 1923: banknotes had lost so much value that they were used as wallpaper.
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