Some perspective: The Weimar Republic of Germany was Constitutional Federal Republic with wealthy and poor, just like the United States of America is today. In the summer of 1922 the exchange rate in Germany sank to 400 marks to the dollar. Then in January 1923 it sank to 7000 marks to the dollar. Then in July 1923 it sank to 160,000 marks to the dollar. Then in August, 1 month later it sank to 1,000,000 marks to the dollar. Then on November 23, 1923 it sank to 4,200,000,000 marks to the dollar. Only those with hard currency, mostly foreigners, thrived. These elites felt this was a gift from the gods. The moral of this post here is to hold assets that cant be inflated away.