Why Germany faced the economic crisis …
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Posted by Ankit Kohli 5 years, 9 months ago
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Meghna Thapar 5 years, 9 months ago
The hyperinflation crisis 1923. The Weimar government's main crisis occurred in 1923 after the Germans missed a reparations payment late in 1922. This set off a chain of events that included occupation, hyperinflation and rebellions. The protective tariffs made this idea impossible and further depressed the German economy. Faced with reparation payments they could not afford, Germany began printing exaggerated amounts of money. This threw Germany into a state of super inflation. Inflation reached the point where millions of marks were worthless.
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