Maximilian Bern had saved up 100,000 German marks for what should have been a modest, but comfortable retirement.
But in 1923, he withdrew every last cent, and spent it all on one purchase: a subway ticket.
He rode around his city one last time before returning home, and locking himself in his home, where he died.
He didn’t kill himself. He starved to death… simply because he could no longer afford food. A single egg at the market would cost millions of marks, more than Maximilian Bern had saved over his entire life.
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This was one of the most famous episodes of hyperinflation, certainly in modern history.
In the wake of World War One, Germany (known as the Weimar Republic) was completely broke.