Harvard Banker Visited Inflation-Plagued Germany in 1922

Herman Wellensiek, Harvard banker, visited relatives in Germany in 1922 and observed the economic climate in the early months of Germany's inflation crisis. About a year after this article appeared in The Harvard Courier, the U.S. dollar was worth more than 4 trillion marks. Prices were doubling in less than every four days.

This article was in The Harvard Courier on August 10, 1922.