hyperinflation

• • To try and meet the requirements of government spending and alleviate post-war problems, the government had little choice but to print more money. As Germany’s economy collapsed following the invasion of the Ruhr, the Government printed huge amounts of paper currency.
• • More paper currency in the economy meant money lost its value and prices rose rapidly. This situation is called hyperinflation.
• • Workers had to renegotiate their wages daily to stay ahead of rising prices for food.
  • Workers who were paid monthly fell behind as their income did not keep up with rising prices.
  • Pensioners on fixed incomes and people with savings were the most badly hit.
  • Many Germans lost their life savings since the value of money was falling so quickly.
• Almost all Germans resented the Weimar Government, creating discontent and a desire for political change.