Winners and Losers. Value of the Mark A farmer buys a herd of cows for 100marks using a bank loan. Three months later he sells the herd for 200 million.

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Presentation transcript:

Winners and Losers

Value of the Mark

A farmer buys a herd of cows for 100marks using a bank loan. Three months later he sells the herd for 200 million marks. He easily pays his bank loan off. The Farmer

A man dies and his widow send off the paperwork to continue pension payments. This takes three weeks and by the time she receives her letter the pension would buy just half a loaf of bread a week. It would have comfortably fed the family three weeks ago. The Widow

A man goes to have a haircut that costs 2 marks. When he has finished the hairdresser asks for 5 marks, saying that the currency value had changed. A man and a haircut

A student has a grant of 200 marks per term. The value of the currency changes so quickly that a loaf of bread costs 100,000 marks. The student

A man is paid cash weekly. The currency has changed so much in five days that he has to take his pay home in a wheel barrow. The Worker

Why are the children playing with money? If money has no value, what has happened to society? Source Analysis