Prices doubled every 15 hours in the worst hyperinflation ever recorded

In mid-1946, Hungary's currency collapsed so fast that prices doubled roughly every 15 hours, and the government issued a banknote worth 100 quintillion pengő. It remains the most extreme hyperinflation ever documented — worse than Weimar Germany or Zimbabwe — driven by war debts and reckless money printing.

— National Bank of Hungary historical records, Hungarian pengő — 1945–1946

One credited idea per card. No filler. Swipe the rest in Savvy.

Keep swiping — it's free Works right in your browser. No app store needed.

More Economics

All Economics cards →

Five ideas worth knowing, every week

The week's best cards and a puzzle, credited as always. Free, unsubscribe any time.