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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 the Nazis, the hyperinflation is deeply etched in the German collective memory. It is …
Persistent link: https://www.econbiz.de/10014289958
Jubiläums und der zuletzt stark gestiegenen Inflation in Deutschland werden die möglichen Ursachen und die damit verbundenen … Ger-many since the early modern period. If there is a German trauma of inflation, it goes back to the Kipper and Wipper …Vor 100 Jahren mündete die Große Inflation, die bereits 1914 mit dem Ersten Weltkrieg ihren Anfang nahm, in der …
Persistent link: https://www.econbiz.de/10014289955
The article treats the history of Germany's Great Inflation from 1914 to 1923. It focusses on explaining the turning …. This even holds for the turning point from gallop-ing inflation to hyperinflation in June/July 1922- …
Persistent link: https://www.econbiz.de/10014289956
Germany's hyperinflation resulted from a confluence of several factors, all of which contributed to a temporary … wage indexation and failure to enforce collection of a new progressive income tax contributed to recurrent inflation …. Unsustainable reparations were met by purchasing gold abroad, further accelerating inflation. Conflict over reparation arrears …
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 was an unspoken consensus among the economic elites that inflation was …
Persistent link: https://www.econbiz.de/10014289959
Persistent link: https://www.econbiz.de/10010327953
Viele Menschen in Deutschland wünschen sich die D-Mark zurück. Dieser Beitrag analysiert die ökonomischen Vor- und …
Persistent link: https://www.econbiz.de/10010312921
Persistent link: https://www.econbiz.de/10010290786
Persistent link: https://www.econbiz.de/10010290946
In einem finanzökonomischen Modell zeigt sich, dass der "fiskalische Break-even-Point" 2031 möglich ist. Dann könnten erstmalig die Steuern und Abgaben der erwerbstätigen die Kosten der nicht erwerbstätigen Flüchtlinge übersteigen. Der "ökonomische Break-even-Point" kann bereits 2025...
Persistent link: https://www.econbiz.de/10011530896