Properties (66)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
economic phenomenon
|
| gptkbp:causedBy |
gptkb:World_War_I_reparations
|
| gptkbp:characterizedBy |
rapid devaluation of currency
|
| gptkbp:contributedTo |
rise of extremist parties
|
| gptkbp:currency |
gptkb:German_Papiermark
|
| gptkbp:documentedIn |
historical records
|
| gptkbp:economicActivity |
monetary policy failure
|
| gptkbp:economicImpact |
disruption of trade
increase in unemployment impact on international relations increased poverty rates increased government debt loss of savings increased prices of goods decline in living standards changes in fiscal policies increased reliance on foreign aid changes in labor market dynamics decrease in industrial production altered investment strategies altered perceptions of currency value change in consumer behavior increase in social inequality reduction in consumer confidence rise in black market activities |
| gptkbp:governs |
introduction_of_Rentenmark
|
| gptkbp:growthRate |
29,500% per month
|
| gptkbp:historicalContext |
gptkb:post-World_War_I_Germany
|
| gptkbp:historicalPeriod |
increased government intervention
shift in political power impact on social policies influence on global economic policies influence on future economic policies shift in economic paradigms restructuring of financial institutions legacy in economic history reform of tax system change in monetary policy development of economic theories on inflation establishment of economic stability measures impact on future currency reforms influence on economic education legacy in economic studies establishment_of_the_Reichsmark impact_on_European_economic_policies |
| gptkbp:historicalSignificance |
example of hyperinflation
|
| https://www.w3.org/2000/01/rdf-schema#label |
Hyperinflation in Germany
|
| gptkbp:impact |
widespread poverty
collapse of savings |
| gptkbp:influencedBy |
foreign exchange policies
economic_policies_of_Weimar_Republic |
| gptkbp:ledTo |
political instability
emigration of skilled workers loss of confidence in currency introduction of new currency |
| gptkbp:notableEvent |
1923 currency reform
|
| gptkbp:notableFigures |
gptkb:Hjalmar_Schacht
gptkb:Ludwig_Erhard gptkb:Otto_von_Bismarck gptkb:Rudolf_Hilferding Gustav Stresemann |
| gptkbp:occursIn |
1921 to 1923
|
| gptkbp:populationTrend |
middle class
|
| gptkbp:relatedTo |
gptkb:Zimbabwean_hyperinflation
|
| gptkbp:resultedIn |
social unrest
barter economy |