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A Note on the Ldz Ghetto Hyperinflation

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  • Steve H. Hanke
  • Joshua Blustein

Abstract

Primary data reveals one new instance of hyperinflation occurring in the Lódz Ghetto in 1944. Two instances of hyperinflation in the Lódz Ghetto occurred during World War II; in March of 1942 and February of 1944, monthly inflation in the ghetto reached 232.42% and 321.16%, respectively. The 1944 episode of hyperinflation is the 67th episode in world history and the sixth instance of hyperinflation documented in Poland, making Poland the country with the most hyperinflations in world history.

Suggested Citation

  • Steve H. Hanke & Joshua Blustein, 2025. "A Note on the Ldz Ghetto Hyperinflation," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 26(1), pages 123-132, January.
    • Handle: RePEc:wej:wldecn:943
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