A pensioner from Munich is one of many suffering from the hyperinflation. When she re-tired she thought her pension was good enough to keep her clothed and with food. But because she has no income and only a pension every month she is losing out. Her saving has become worthless.
A middle class shopkeeper from Berlin has savings and a small business, but because of hyperinflation, his business is going bankrupt, and his savings are worthless. He is using his banknotes for fire and heat during this cold winter.
A rich businessman from Hamburg is benefiting from the crisis, he is able to buy smaller, bankrupting companies. But as the Inflation gets worse I predict that he will as well become unemployed and poor.
People with debts are able to pay off their loans at a fraction of the cost, but as soon as they do pay back the money they owe, they still have to be another of the people that are queuing for a loaf of bread.
Workers and other employed people are protected to some extent, they have a steady income and they still have money coming in. but in this world of hyper-inflation, no one is really safe
In 1913 in Germany am egg would have cost you, 0.08 Marks, and this summer an egg would have cost you 5,000 Marks Today an egg will cost 80,000,000,000 Marks. The real losers here are the average middle class people. The poor had nothing to lose anyway and the rich have their businesses and land to fall back on.
