100 Years Ago: German Hyperinflation

German reparation obligations after WW I dragged the heavily indebted fledgling Weimar Republic to the brink of bankruptcy with the downward spiral gaining serious momentum in 1922 and beyond. By October 1921 the value of the Reichsmark had shrunk to one hundredth of its value from August 1914. By the end of 1922 the situation had worsened by the factor 10, before escalating exponentially throughout 1923 leading to bread prices of several billion Marks and an exchange rate of 4.2 trillion Mark for 1 USD in November 1923. In this lecture Jo Gerk will explore the causes, remedies and consequences of these extraordinary events.

DELIVERY MODE

  • Hybrid (F2F & Online simultaneously)
$39 Limited

<p>German reparation obligations after WW I dragged the heavily indebted fledgling Weimar Republic to the brink of bankruptcy with the downward spiral gaining serious momentum in 1922 and beyond. By

...
17 Jan
$39 Limited

<p>German reparation obligations after WW I dragged the heavily indebted fledgling Weimar Republic to the brink of bankruptcy with the downward spiral gaining serious momentum in 1922 and beyond. By

...
17 Jan

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