Hyperinflation of 1921–1923

URI: https://gptkb.org/entity/Hyperinflation_of_1921–1923
GPTKB entity
Statements (30)
Predicate Object
gptkbp:instanceOf gptkb:historical_event
gptkbp:alsoKnownAs gptkb:German_hyperinflation
gptkbp:category gptkb:Weimar_Republic
gptkb:Economic_history_of_Germany
Inflation
gptkbp:cause gptkb:Reparations_from_Treaty_of_Versailles
Excessive money printing
gptkbp:country gptkb:Germany
gptkbp:currency gptkb:Papiermark
gptkbp:effect Social unrest
Collapse of German economy
Rise in bartering
Savings wiped out
gptkbp:endDate gptkb:Introduction_of_Rentenmark
gptkb:Monetary_reform_of_1923
1923
gptkbp:followedBy gptkb:Dawes_Plan
https://www.w3.org/2000/01/rdf-schema#label Hyperinflation of 1921–1923
gptkbp:notableEvent People used wheelbarrows to carry money
Prices changed several times a day
Workers paid twice daily
gptkbp:notableFigure gptkb:Gustav_Stresemann
gptkb:Rudolf_Havenstein
gptkbp:precededBy gptkb:World_War_I
gptkbp:relatedTo gptkb:Treaty_of_Versailles
gptkb:Weimar_Republic
gptkb:Occupation_of_the_Ruhr
gptkbp:startDate 1921
gptkbp:bfsParent gptkb:Weimar_government
gptkbp:bfsLayer 5