Worthless Paper Money - German Hyper-Inflation Starts After WW1 I THE GREAT WAR 1921
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The German post-WW1 economy was under pressure: The loss of territory, the war bonds issued during the war and the reparations under the Treaty of Versailles. All this lead to a downward spiral of rising inflation and living costs for German citizens.
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» SOURCES
Feldman, Gerald: Vom Weltkrieg zur Weltwirtschaftskrise. Studien zur deutschen Wirtschafts-und Sozialgeschichte 1914-1932. 1984.
Fergusson, Adam: Das Ende des Geldes. Hyperinflation und ihre Folgen für die Mensch
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