Hyperinflation (1 Jan 1921 Jahr – 1 Jan 1923 Jahr)
Beschreibung:
∼1921-1923
- Workers went on strike so that there was nothing the French could take
- The WR printed more money to pay the striking workers as well as to pay off some debt
- Only resolved when the Rentenmark was introduced (Stresemann)
Implications on middle class:
• Middle classes were hardest hit as their entire savings were wiped out
• Even though it was eventually solved, the WR never won back the support of the middle
Zugefügt zum Band der Zeit:
Datum:
1 Jan 1921 Jahr
1 Jan 1923 Jahr
~ 2 years