In recent episodes of The Financial Physician, host Lou Scatigna, CFP® has been discussing historical inflation stories. On this segment, he concluded the series by breaking down the worst case of inflation ever, which occurred in 1946 to the country of Hungary.
While this was not the first time that Hungary experienced inflation issues, it was certainly the worst incidence of it. After World War II ended in 1945, the Hungarian economy was in absolute dismay. To counter the economic turmoil, the government began to flood the country with newly printed money, which in turn had disastrous results.