Latest / The History of Germany: Kingdoms, War, and Rebuilding Europe — Fexingo History
The Weimar Hyperinflation: When Money Became Wallpaper
In 1923, Germany experienced one of history's most extreme monetary collapses. Lucas and Luna explore how the Weimar Republic's hyperinflation devastated the middle class, created bizarre scenes of people carting wheelbarrows of cash for a loaf of bread, and sowed the seeds of political extremism. They discuss the reparations burden from Versailles, the passive resistance in the Ruhr that bankrupted the state, the printing presses that ran day and night, and the bizarre survival strategies people adopted. They also examine the Rentenmark reform that finally stabilized the currency…
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