hyperinflation in germany

by akruder
Last updated 11 years ago

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hyperinflation in germany

Hyperinflation in Germany

The Weimar Republic was the government in Germany that took power to end the war. The German people felt that they were stabbed in the back by them because the first thing that they did was sign the Treaty of Versailles.

The Treaty of Versailles caused hyperinflation in Germany because of the high reparations that the Allies imposed on the country.To deal with the debt situation, Germany printed extraordinary amounts of money. When more money is printed without removing other money from the economy, the money in circulation loses value.

In the 1920s, Germany experienced a terrible economic time due to enormous debt created by World War I and the Treaty of Versailles. This economic condition was known as hyperinflation. Hyperinflation is the extremely fast rise in prices.

Because the Treaty of Versailles was so harsh towards Germany and put them into such a bad economic situation, the German people blamed the Weimar Republic for all of their problems.

I love World Studies

Check out a video on inflation and depression above.


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