Hyperinflation (1 янв 1921 г. – 1 янв 1923 г.)
Описание:
∼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
Добавлено на ленту времени:
Дата:
1 янв 1921 г.
1 янв 1923 г.
~ 2 years