hyperinflation

• cost of bread

  • 1919 - 1 mark
  • 1923 - 200 000 billion marks
• the government printed more money to pay for the First World War but it didn't have more gold, it was bankrupt
• the weimar government printed more money for post war shortages and asked for longer to pay the first reparations instalment
• French troops invaded the Ruhr to take reparations payments ingots and raw materials
• German workers went on strike
• 80% of German coal, iron and steel reserves were in the Ruhr and many of its factories