News

How Hyperinflation Heralded the Fall of German Democracy In 1923, the collapse of the Weimar Republic’s economy impoverished millions and gave Adolf Hitler his first chance at seizing power ...
From 1921 to 1923, the Weimar Republic suffered one of the greatest economic crises in German history: hyperinflation. During the "Golden Twenties" the German mark rapidly lost nearly all of its ...
The German Hyperinflation, 1923. ... Supermoney, and Paper Money, from which this account of the Weimar Republic's disastrous hyperinflation is excerpted. ...
The Weimar Republic attempted to finance its World War I reparations payments by printing lots of German marks with no backing by gold or other assets. The value of the mark began plummeting in 1920.
The most well-known example of hyperinflation occurred during the Weimar Republic in Germany in the 1920s. From the beginning of World War I through November 1923, the German government issued 92. ...
Weimar Germany’s political life ... politically fractured and culturally avant-garde Weimar Republic is ... among others, the absurdities of hyperinflation, the rise of ...
The republic rapidly printed new money, causing hyperinflation and devaluation of the currency. The exchange rate of Marks/U.S. dollars rose from 17,000 to 4.2 trillion in less than a year.
In his latest book, the German historian Volker Ullrich describes a nation buffeted by poverty, hyperinflation and political extremism, but managing — for the moment — to thwart Hitler’s ascent.
The German Hyperinflation, 1923. ... Supermoney, and Paper Money, from which this account of the Weimar Republic's disastrous hyperinflation is excerpted. ...