1923

In 1923, Germany experienced a severe hyperinflation crisis, where the value of the German mark plummeted, and prices soared out of control.

On April 18, 1923, Yankee Stadium opened in New York City. The stadium became one of the most iconic venues in sports history and was famously dubbed "The House That Ruth Built" due to Babe Ruth's contributions to the team's success.

Time magazine published its first issue on March 3, 1923.