How Hungary Weathered The Worst Inflation In World History

After World War II, Hungary became a country of multibillionaires. The Hungarian currency pengö became the world record holder for inflation: quadrillion-pengö notes were in circulation, prices doubled every 15 hours, bundles of depreciated money were thrown on city streets and shoveled about like rubbish.

In the new episode of HOW IT WAS, we will tell you what led the Hungarian national currency to disaster and how the country managed to defeat hyperinflation in record time.