The invasion of the Ruhr and hyperinflation
1. In 1921 Germany managed to pay the first reparations instalment
2. In December 1922 Germany announced it could not afford to pay the second instalment
3. In January 1923, French and Belgian troops invaded the Ruhr
4. The German government urged passive resistance (non-violent opposition)
5. French and Belgian soldiers arrested, expelled and even killed some striking workers
6. The German economy was badly hit
7. The government decided to print more money, which led to hyperinflation