-pendent central bank. The social and economic consequences of the hyperinflation were disastrous. Combined with an instable politi …The German hyperinflation in 1923 was caused by monetary financing of the highly deficient German state budget by a de …-cal atmosphere, paving the way for the rise of the Nazis, the hyperinflation is deeply etched in the German collective memory. It is …

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- …

Germany’s hyperinflation resulted from a confluence of several factors, all of which contributed to a temporary …