German Notgeld (1919-23): Exploring the Past to Reframe the Present
Charles R. Jansen, Ph.D. & Sonja M. Hedgepeth, Ph.D.
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I. The time of the Great Inflation just after World War I was
unpresidented and responses varied enormously. What some felt was desperately
needed to properly treat contemporary ills was a poultice -- the assurances
of the past, the comfort of distance, the knowledge that as bad as things
were, they were worse elsewhere. The imagery and message on Notgeld
circulated in the countryside of Stolzenau (1921) laments the avalanche
of debts, but offers comfort by using the imagery and verse of cartoonist/humorist
Wilhelm Busch. Even the pastoral scene which everyone using the currency
would recognize seems to offer a way out. What others believed needed was
a more radical cure -- a cold shower, a dose of strong medicine, a sense
of how bad things could become everywhere. An image of foreclosure by George
Grosz, who documented urban life during the Weimar Republic, suggests that
for some there would be no comfort, no way out. These two responses represent
the differing perspectives of a Stolzenauer and a Berliner, a country Burgher
and a city dweller, the comic and the tragic, the public face of a crisis
and its private desperation.
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(translation) "I can't figure out where in the
world, I should get all that gold." -- W. Busch

"Foreclosure," ca. 1928.
Pen and ink by George Grosz.

Notgeld from Stolzenau, 1921.
Printed in Berlin by August Scherl, Ltd.
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