Listen

Can money be trusted?

Our money is becoming less and less valuable. This is known as inflation, and it’s a part of our economy. It does not usually affect our daily lives, but problems are caused when inflation rises.

Hungary had the highest inflation rate in world history after the Second World War. A loaf of bread that cost a reasonable amount on a Monday could cost a thousand times as much later that same week. In the end, there were so many zeros on the notes that they could not fit on the paper.

Banknote, Hungary, 100,000,000,000,000,000,000,000,000 pengö, 1945.

100 000 000 000 000 000 000 pengő, Ungern, Magyar Nemzeti Bank, 1946

  100 000 000 000 000 000 000 pengő, Ungern, Magyar Nemzeti Bank, 1946