The hyperinflation of 1923

Not counting the rise of Nazism, the 1923 hyperinflation is arguably the most significant failure of the Weimar Republic. For several months in 1923, Germans battled price inflation so rapid that it created ridiculous situations – along with considerable misery and suffering. Background In early 1923, German workers embarked on a prolonged general strike as … Continue reading The hyperinflation of 1923