Weimar Republic in trouble

• In 1923 Germany began experiencing hyperinflation
• Treaty of Versailles says they have to pay £ 6.6 billion in yearly instalments for the next 66 years
• In 1922 failed to pay a reparation french and belgian didn’t believe them so took what they owed by force
• Jan 1923 60000 french and belgian soldiers marched into the ruhr and took control of all factories, mines and railways in the region
• German government orders workers in the ruhr not to fight but to go on strike known as passive resistance
• To pay striking ruhr workers germany printed more money negatively effecting hyperinflation
• Because in 1923 peoples savings had become worthless e weimar politicians lost a lot of support
• By 1923 money was worthless people started to use money to light fires or make paper planes or fly kites
• Biggest losers of hyperinflation were people with savings in the bank


  as all their life savings couldn’t even buy them a loaf of breadt
• elderly people’s pensions income would no longer buy them what they needed anynore
• many small business collapsed due to hyperinflation
• people who had borrowed money in the past benefited from hyperinflation as it was easy to pay back