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June 15, 2024
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16 ene 1923 año - Hyperinflation

Descripción:

During this time period, the reparations of the war combined with Europe's general inflationary period caused the hyperinflation of the German Reichsmark. This period combined with the Great Depression in 1929 undermined the stability of the economy of Germany. This wiped out middle class personal savings and caused massive unemployment.

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fecha:

16 ene 1923 año
Ahora mismo
~ 101 years ago

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