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History MYE

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Question:

Hyperinflation

Author: Freya Watson



Answer:

Due to a lack of goods for trade, the Government resorted to printing money, paying off debts with worthless marks including war loans of over 2200 million. This led to hyperinflation making money practically worthless. Wages were paid daily instead of weekly. Middle-class Germans lost their savings' value rapidly as what could have bought a house in 1921, couldnt even buy a loaf of bread in 1923


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