In retrospect, you can trace the steps to hyperinflation, but some of the reasons remain cloudy. Germany abandoned the ... province of Upper Silesia. The Weimar Republic was politically fragile.
People on fixed incomes, like students, pensioners or the sick, found their incomes did not keep up with prices. People with savings and those who had lent money, for example to the government ...
On September 26 [Chancellor Stresemann] suspended seven articles of the Weimar constitution, himself declared a State of Emergency...Germany had become a military dictatorship, no less ...
Amount of reparations to be paid Stayed the same overall (50 billion Marks) but Germany only had to pay one billion Marks per year for the first five years and 2.5 billion per year after that ...
Story: The hyperinflation experienced in Weimar Germany in the early 1920s followed its defeat in World War One a few years earlier. As a result of the war, Germany was required to pay large ...
Just as in pre-Nazi Germany ... briefly stabilized during the mid-1920s, Weimar was for much of its existence plagued by unemployment, as well as hyperinflation, which debauched the Reichsmark.
There is far more to 1919-1939 Germany than it simply being a prelude ... It was a period of not only struggle as hyperinflation and reparations cut holes into longcoats, but also of steady ...
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