At what point in 1923 German did it become evident that all trust in the Mark was lost?

The years leading up to 1923 were an aggressive devaluation where the paper Mark was debased 1 : 10,000 over a five year period of time. But once the debasement exceeded 10,000, it. ran.

The headlines in Germany during OCT 1922 were of particular note, according to the Frankfurter Zeitung: "German economic life is dominated by a struggle over the survival of the Mark: Is it to remain the German currency, or is it doomed to extinction? During the past few months

foreign currencies have replaced it as units of account in domestic transactions to a wholly unforeseen extent. The habit of reckoning in dollars, especially, has established itself, not only in firms internal accounting practice but above all as the method of price quotation

in trade, industry and agriculture." Similar to Germany in the 1920's, the entire world is trying to debase its currency at such an aggressive pace that it's becoming extraordinarily difficult for businesses and individuals to sustain themselves. There are many parallels

between Germany's inability to repay its war reparations and today's global issue of retiring the 76-year-old Bretton Woods system (which has been mutilated and manipulated beyond recognition). The failure of this global system is the reason all nation-states, collectively, are

seeing the same social and economic issues in every country all at the same time. The issue is VERY clear - it's the money. As 2021 progresses, listen for the headlines that rang true from a century before. Companies deciding to denominate their balance sheet in Bitcoin isn't

a "neat" headline, it's the canary in the coal mine alerting you to the aggressive change (and opportunity) that's afoot. There's no way of knowing when society will completely lose trust in a currency, but history has demonstrated that when it does happen, it happens fast.