Hyperinflation

Cards (3)

  • Printing lots of money to pay back debts led to hyperinflation and the collapse of the economy.
  • Some Germans gained from hyperinflation, such as the government, who could pay off their debts in worthless marks.
    Others, such as the middle class were left destitute, as all their savings were worth nothing
  • the German government printed money to pay the workers that had gone on strike in the Ruhr