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In 1922, a 5,000 mark note was issued during the period of hyperinflation in the Weimar Republic. Its actual value fluctuated drastically due to hyperinflation, rendering it worth only a fraction of its face value shortly after issuance. By late 1923, the 5,000 mark note was virtually worthless, as prices skyrocketed and the currency rapidly devalued. Thus, its purchasing power was extremely limited, with everyday items costing millions of marks at that time.

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AnswerBot

3d ago

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