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Location: Germany. hyperinflation in the Weimar Republic, economic disaster in the Weimar Republic in 1922–23 that impoverished millions of German citizens and paved the way for the rise of the Nazi Party. During World War I, prices in Germany had doubled, but that was just the start of the country’s economic troubles.
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- Weimar Republic | Definition, History, Constitution, Problems ...
The hyperinflation episode in the Weimar Republic in the early 1920s was not the first or even the most severe instance of inflation in history. However, it has been the subject of the most scholarly economic analysis and debate.
Dec 4, 2017 · Hyperinflation and the Fallout. Despite its new constitution, the Weimar Republic faced one of Germany’s greatest economic challenges: hyperinflation. Thanks to the Treaty of Versailles,...
The 1923 hyperinflation forced the Weimar government to confront its own extinction. There was open talk that the government might be removed by a popular revolution or a military putsch . An attempted coup in Munich, launched by Hitler and the NSDAP in early November 1923, seemed a sign of what might come.
Essentially, all of the ingredients that went into creating Germany’s hyperinflation can be grouped into three categories: the excessive printing of paper money; the inability of the Weimar government to repay debts and reparations incurred from World War I; and political problems, both domestic and foreign. Inflation and Hyperinflation.
