102 years ago today, on June 22, 1923 (May 9, 1923, the German mark fell sharply. Children played with worthless paper money on the street. On June 22, 1923, the German currency depreciated sharply, and German central bankers felt hopeless. Rudolf Havenstein, president of Deutsche Bank, said the situation has become very desperate. The value of the mark fell alarmingly. In just three weeks, half of the price was lost. At the beginning of the month, 1 dollar was bought at 74500 marks. But on this day, the value of one dollar is 136,000 marks. The war severely damaged the German economy, but the main reason for destroying the German economy was the French and Belgian occupation of the Ruhr. The occupation began after the Compensation Commission declared that Germany could not export enough coal. Protesting miners have significantly cut coal production since the occupation. The coal they produce cannot even meet domestic consumption. Germany was forced to import, which cost a lot of money. Germany's social welfare spending is also staggering, caused by the displacement of thousands of people from the Ruhr. As of April, the central bank had enough reserves to offset this consumption. These reserves have been exhausted and Mark is making up for the price. The rear cartoon of the German Mark magazine "Clumsy" shows a "currency exchange haven". In the cartoon, the weak person is Mark, the person lying on the wall is Ruble, and the peeping person on the side is Franc