“Following Greece's defeat at the hands of Turkey in 1897, Greece's fiscal house was entrusted to a Control Commission. During the 20th century, the drachma was one of the world's worst currencies. It recorded the world's sixth highest hyperinflation. In October 1944, Greece's monthly inflation rate hit 13,800%.”

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"Following Greece's defeat at the hands of Turkey in 1897, Greece's fi…" — Steve Hanke | Daily Quotes