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“In Richard Evans' book, he says, basically, you would go into a cafe and you'd order a cup of coffee for 5,000 marks.”
Sentiment: Deep Dive
Trigger: hyperinflation in Germany
For: Historians and those interested in economic history
Key quote: “In Richard Evans' book, he says, basically, you would go into a cafe and you'd order a cup of coffee for 5,000 marks.”
The host references Richard Evans' book to illustrate the extreme hyperinflation experienced in Germany during the early 1920s. This context helps to explain the societal upheaval and radicalization that followed the economic collapse.