Blog · 2026-09-15 · History · Ideas

Weimar’s mark and what purchasing power means

A short door from the 1923 collapse into the Sound Money definition of purchasing power — dated history on one side, vocabulary on the other.

German children playing with worthless banknotes during the 1923 hyperinflation.
Weimar 1923 — when the mark’s purchasing power failed by the hour.Public domain (period press photograph; copyright expired).

In autumn 1923, a German mark could buy less by the hour than it had bought that morning. The documentary path through that collapse sits under Weimar 1923 — dates, notes, and what failed.

The vocabulary page is separate. Inflation and purchasing power names what the unit still buys over time, without retelling Weimar hour by hour. Mixing the definition with the dated event makes both harder to follow.

This note only holds the door: history for what happened; Sound Money for the words. Neither page is a tip, a forecast, or a call to buy metal.