Hyperinflation in the Weimar Republic

URI: https://gptkb.org/entity/Hyperinflation_in_the_Weimar_Republic
GPTKB entity
Statements (33)
Predicate Object
gptkbp:instanceOf gptkb:historical_event
gptkbp:affects German middle class
German working class
German pensioners
gptkbp:cause gptkb:Occupation_of_the_Ruhr
gptkb:Reparations_from_Treaty_of_Versailles
Overprinting of currency
gptkbp:consequence Political instability
Collapse of German economy
Barter economy emergence
Loss of savings for middle class
gptkbp:currency gptkb:German_Papiermark
gptkbp:currencyExchangeRate 1 US dollar = 4.2 trillion Papiermarks (Nov 1923)
gptkbp:endDate 1924
gptkbp:followedBy gptkb:Dawes_Plan
gptkbp:historicalSignificance Contributed to rise of extremism in Germany
Undermined faith in democracy
gptkbp:location gptkb:Weimar_Republic
gptkbp:mediaType Wheelbarrows of money
Children playing with banknotes
gptkbp:notablePerson gptkb:Gustav_Stresemann
gptkb:Hjalmar_Schacht
gptkbp:peakInflationRate November 1923
gptkbp:precededBy gptkb:World_War_I
gptkbp:relatedEvent gptkb:Treaty_of_Versailles
gptkb:Beer_Hall_Putsch
gptkb:Occupation_of_the_Ruhr
gptkbp:resolution gptkb:Introduction_of_Rentenmark
gptkbp:resolutionDate November 1923
gptkbp:startDate 1921
gptkbp:bfsParent gptkb:German_Revolution_of_1923
gptkbp:bfsLayer 7
https://www.w3.org/2000/01/rdf-schema#label Hyperinflation in the Weimar Republic