Hungarians popped into their purses last week crisp new banknotes denominated in pengoes and garas.
"How much is a pengoe?" piped many a tot.
Harassed Hungarian mothers explained: "One hundred garas make a pengoe. Now see! Here are 1250 korona. . . . They also make one pengoe or one hundred garas. . . .
From now on we shall buy things with pengoes instead of korona."
Five Trillions. Whirring, chomping post-War money presses inflated the Hungarian banknote circulation to a stupendous total: five trillion korona. Peasants with a comfortable pre-War nest egg of...