Neyer, Ulrike; Stempel, Daniel - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 103 (2023) 2, pp. 94-97
-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 …