After the First World War, the Allies asked Germany to pay them damages for the war (It finished paying this year, 2010). Indirectly this lead to hyperinflation, where the German Mark became almost worthless. The hyperinflation and the occupation of the Ruhr almost certainly helped the Nazis take power in 1933.
Hi all, journalist photographer, Blogging since 1996. Written for Toronto Star, Cité Libre, Toronto and Ottawa Sun and Ottawa Citizen. email markbellis@spamcop.net, enjoy! All content copyright Mark Bellis, and other copyright holders unless where noted.
Thursday, December 9, 2010
100000 Mark Note Hyperinflation
After the First World War, the Allies asked Germany to pay them damages for the war (It finished paying this year, 2010). Indirectly this lead to hyperinflation, where the German Mark became almost worthless. The hyperinflation and the occupation of the Ruhr almost certainly helped the Nazis take power in 1933.
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