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The German hyperinflation in 1923 was caused by monetary financing of the highly deficient German state budget by a de-pendent central bank. The social and economic consequences of the hyperinflation were disastrous. Combined with an instable politi-cal atmosphere, paving the way for the rise of...
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Das Deutsche Reich feiert 2021 seinen 150. Geburtstag. Die Reichsgründung fiel in die zweite Phase der Industrialisierung, die in der zweiten Hälfte des 19. Jahrhunderts begann und sich zunehmend beschleunigte. Anlässlich des diesjährigen Jubiläums widmen sich die Autoren bedeutenden...
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Jubiläums und der zuletzt stark gestiegenen Inflation in Deutschland werden die möglichen Ursachen und die damit verbundenen … und ob auch heute noch ein ähnliches Szenario in Deutschland denkbar ist. … Ger-many since the early modern period. If there is a German trauma of inflation, it goes back to the Kipper and Wipper …
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The article treats the history of Germany's Great Inflation from 1914 to 1923. It focusses on explaining the turning …
Persistent link: https://www.econbiz.de/10014289956
Germany's hyperinflation resulted from a confluence of several factors, all of which contributed to a temporary …
Persistent link: https://www.econbiz.de/10014289957
The Weimar hyperinflation is a textbook example of how inflation develops. All the factors usually associated with inflation were present during this period. However, besides the quantifiable factors, such as money supply development, the political factors appear dominant in retrospect. There...
Persistent link: https://www.econbiz.de/10014289959