10 Countries where a loaf of bread costs lakhs
Hyperinflation can render a nation's currency completely usless. The price of a loaf of bread can rise to millions in the local currency of a country. This all seems fantastical, but there are countries in the world today where the local currency has devalued to such pits.
There are images from the aftermanth of the world war I, when economies around the world crashed and people had to push cartload of money to buy just a loaf of bread.
A loaf bread, which cost 250 German marks in January 1923 had risen to 2,00,000 million marks in November 1923. German's currency became utterly worthless.
There are images from the aftermanth of the world war I, when economies around the world crashed and people had to push cartload of money to buy just a loaf of bread.
A loaf bread, which cost 250 German marks in January 1923 had risen to 2,00,000 million marks in November 1923. German's currency became utterly worthless.
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