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Hyperinflation in the Weimar Republic

Index Hyperinflation in the Weimar Republic

During a period between 1918 and January 1924, the German mark suffered hyperinflation. [1]

69 relations: Aachen, Andreas Hermes, Belgium, Berlin, Bond (finance), Bundestag, Chartalism, Coal, Cost-of-living index, Devaluation, Dresden, Economy, European debt crisis, Exponential growth, France, French Third Republic, Gdańsk, General strike, German gold mark, German Historical School, German Papiermark, German Rentenmark, Gold standard, Hans Luther, Hjalmar Schacht, Hungarian pengő, Hyperinflation, Income tax, Indexation, Inflation, J. P. Morgan Jr., John Maynard Keynes, Judicial review, Karl Helfferich, Leipzig, Los Angeles Times, Market price, Monetary reform, Moratorium (law), Mortgage-backed security, New York City, Nonviolent resistance, Occupation of the Ruhr, Penguin Group, Plauen, Political Science Quarterly, Redenomination, Reichsbank, Reichsgericht, Routledge, ..., Rudolf Havenstein, Ruhr, Speculation, Stuttgart, The Economic Consequences of the Peace, Ton, Treaty of Versailles, Trier, United States dollar, United States Treasury security, Virtuous circle and vicious circle, Weimar Republic, Western Front (World War I), Wholesale price index, Wilhelm II, German Emperor, World War I, World War I reparations, Zero stroke, Zimbabwean dollar. Expand index (19 more) »

Aachen

Aachen or Bad Aachen, French and traditional English: Aix-la-Chapelle, is a spa and border city.

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Andreas Hermes

Andreas Hermes (16 July 1878 – 4 January 1964) was a German agricultural scientist and politician.

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Belgium

Belgium, officially the Kingdom of Belgium, is a country in Western Europe bordered by France, the Netherlands, Germany and Luxembourg.

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Berlin

Berlin is the capital and the largest city of Germany, as well as one of its 16 constituent states.

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Bond (finance)

In finance, a bond is an instrument of indebtedness of the bond issuer to the holders.

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Bundestag

The Bundestag ("Federal Diet") is the German federal parliament.

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Chartalism

In macroeconomics, chartalism is a theory of money which argues that money originated with states' attempts to direct economic activity rather than as a spontaneous solution to the problems with barter or as a means with which to tokenize debt, and that fiat currency has value in exchange because of sovereign power to levy taxes on economic activity payable in the currency they issue.

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Coal

Coal is a combustible black or brownish-black sedimentary rock usually occurring in rock strata in layers or veins called coal beds or coal seams.

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Cost-of-living index

A cost-of-living index is a theoretical price index that measures relative cost of living over time or regions.

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Devaluation

In modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange rate system, by which the monetary authority formally sets a new fixed rate with respect to a foreign reference currency or currency basket.

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Dresden

Dresden (Upper and Lower Sorbian: Drježdźany, Drážďany, Drezno) is the capital city and, after Leipzig, the second-largest city of the Free State of Saxony in Germany.

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Economy

An economy (from Greek οίκος – "household" and νέμoμαι – "manage") is an area of the production, distribution, or trade, and consumption of goods and services by different agents.

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European debt crisis

The European debt crisis (often also referred to as the Eurozone crisis or the European sovereign debt crisis) is a multi-year debt crisis that has been taking place in the European Union since the end of 2009.

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Exponential growth

Exponential growth is exhibited when the rate of change—the change per instant or unit of time—of the value of a mathematical function is proportional to the function's current value, resulting in its value at any time being an exponential function of time, i.e., a function in which the time value is the exponent.

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France

France, officially the French Republic (République française), is a sovereign state whose territory consists of metropolitan France in Western Europe, as well as several overseas regions and territories.

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French Third Republic

The French Third Republic (La Troisième République, sometimes written as La IIIe République) was the system of government adopted in France from 1870 when the Second French Empire collapsed during the Franco-Prussian War until 1940 when France's defeat by Nazi Germany in World War II led to the formation of the Vichy government in France.

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Gdańsk

Gdańsk (Danzig) is a Polish city on the Baltic coast.

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General strike

A general strike (or mass strike) is a strike action in which a substantial proportion of the total labour force in a city, region, or country participates.

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German gold mark

The Goldmark (officially just Mark, sign: ℳ) was the currency used in the German Empire from 1873 to 1914.

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German Historical School

The German Historical School of Jurisprudence is a 19th-century intellectual movement in the study of German law.

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German Papiermark

The name Papiermark ("paper mark", officially just Mark, sign: ℳ) is applied to the German currency from 4 August 1914 when the link between the Goldmark and gold was abandoned, due to the outbreak of World War I. In particular, the name is used for the banknotes issued during the hyperinflation in Germany of 1922 and especially 1923.

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German Rentenmark

The Rentenmark (RM) was a currency issued on 15 October 1923 to stop the hyperinflation of 1922 and 1923 in Weimar Germany.

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Gold standard

A gold standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold.

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Hans Luther

Hans Luther (10 March 1879 – 11 May 1962) was a German politician and Chancellor of Germany for 482 days in 1925 to 1926.

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Hjalmar Schacht

Hjalmar Horace Greeley Schacht (22 January 1877 – 3 June 1970) was a German economist, banker, centre-right politician, and co-founder in 1918 of the German Democratic Party.

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Hungarian pengő

The pengő (sometimes written as pengo or pengoe in English) was the currency of Hungary between 1 January 1927, when it replaced the korona, and 31 July 1946, when it was replaced by the forint.

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Hyperinflation

In economics, hyperinflation is very high and typically accelerating inflation.

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Income tax

An income tax is a tax imposed on individuals or entities (taxpayers) that varies with respective income or profits (taxable income).

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Indexation

Indexation is a technique to adjust income payments by means of a price index, in order to maintain the purchasing power of the public after inflation, while deindexation is the unwinding of indexation.

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Inflation

In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.

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J. P. Morgan Jr.

John Pierpont Morgan Jr. (September 7, 1867 – March 13, 1943), also known as Jack Morgan, was an American banker, finance executive, and philanthropist.

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John Maynard Keynes

John Maynard Keynes, 1st Baron Keynes (5 June 1883 – 21 April 1946), was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.

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Judicial review

Judicial review is a process under which executive or legislative actions are subject to review by the judiciary.

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Karl Helfferich

Karl Theodor Helfferich (22 July 1872 – 23 April 1924) was a German politician, economist, and financier from Neustadt an der Weinstraße in the Palatinate.

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Leipzig

Leipzig is the most populous city in the federal state of Saxony, Germany.

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Los Angeles Times

The Los Angeles Times is a daily newspaper which has been published in Los Angeles, California since 1881.

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Market price

In economics, market price is the economic price for which a good or service is offered in the marketplace.

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Monetary reform

Monetary reform is any movement or theory that proposes a system of supplying money and financing the economy that is different from the current system.

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Moratorium (law)

A moratorium is a delay or suspension of an activity or a law.

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Mortgage-backed security

A mortgage-backed security (MBS) is a type of asset-backed security that is secured by a mortgage or collection of mortgages.

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New York City

The City of New York, often called New York City (NYC) or simply New York, is the most populous city in the United States.

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Nonviolent resistance

Nonviolent resistance (NVR or nonviolent action) is the practice of achieving goals such as social change through symbolic protests, civil disobedience, economic or political noncooperation, satyagraha, or other methods, while being nonviolent.

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Occupation of the Ruhr

The Occupation of the Ruhr (Ruhrbesetzung) was a period of military occupation of the German Ruhr valley by France and Belgium between 1923 and 1925 in response to the Weimar Republic's failure to meet its second reparation payment of the £6.6 billion that was dictated in the Treaty of Versailles by the Triple Entente(1919) in the aftermath of World War I.

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Penguin Group

The Penguin Group is a trade book publisher and part of Penguin Random House.

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Plauen

Plauen is a town in the Free State of Saxony, east-central Germany.

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Political Science Quarterly

Political Science Quarterly is an American double blind peer-reviewed academic journal covering government, politics, and policy, published since 1886 by the Academy of Political Science.

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Redenomination

Redenomination is the process of changing the face value of banknotes or coins used in circulating currency.

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Reichsbank

The was the central bank of Germany from 1876 until 1945.

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Reichsgericht

The Reichsgericht (Imperial Court of Justice) was the supreme criminal and civil court in the German Reich from 1879 to 1945.

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Routledge

Routledge is a British multinational publisher.

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Rudolf Havenstein

Rudolf E. A. Havenstein (10 March 1857 – 20 November 1923) was a German lawyer and president of the Reichsbank (German central bank) during the hyperinflation of 1921-1923.

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Ruhr

The Ruhr (Ruhrgebiet), or the Ruhr district, Ruhr region, Ruhr area or Ruhr valley, is a polycentric urban area in North Rhine-Westphalia, Germany.

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Speculation

Speculation is the purchase of an asset (a commodity, goods, or real estate) with the hope that it will become more valuable at a future date.

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Stuttgart

Stuttgart (Swabian: italics,; names in other languages) is the capital and largest city of the German state of Baden-Württemberg.

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The Economic Consequences of the Peace

The Economic Consequences of the Peace (1919) is a book written and published by the British economist John Maynard Keynes.

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Ton

The ton is a unit of measure.

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Treaty of Versailles

The Treaty of Versailles (Traité de Versailles) was the most important of the peace treaties that brought World War I to an end.

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Trier

Trier (Tréier), formerly known in English as Treves (Trèves) and Triers (see also names in other languages), is a city in Germany on the banks of the Moselle.

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United States dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its insular territories per the United States Constitution since 1792.

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United States Treasury security

A United States Treasury security is an IOU from the US Government.

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Virtuous circle and vicious circle

The terms virtuous circle and vicious circle (also referred to as virtuous cycle and vicious cycle) refer to complex chains of events that reinforce themselves through a feedback loop.

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Weimar Republic

The Weimar Republic (Weimarer Republik) is an unofficial, historical designation for the German state during the years 1919 to 1933.

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Western Front (World War I)

The Western Front was the main theatre of war during the First World War.

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Wholesale price index

The Wholesale Price Index (WPI) is the price of a representative basket of wholesale goods.

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Wilhelm II, German Emperor

Wilhelm II (Friedrich Wilhelm Viktor Albert von Hohenzollern; 27 January 18594 June 1941) was the last German Emperor (Kaiser) and King of Prussia, ruling the German Empire and the Kingdom of Prussia from 15 June 1888 to 9 November 1918.

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World War I

World War I (often abbreviated as WWI or WW1), also known as the First World War, the Great War, or the War to End All Wars, was a global war originating in Europe that lasted from 28 July 1914 to 11 November 1918.

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World War I reparations

World War I reparations were compensation imposed during the Paris Peace Conference upon the Central Powers following their defeat in the First World War by the Allied and Associate Powers.

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Zero stroke

Zero stroke or cipher stroke was an alleged mental disorder, reportedly diagnosed by physicians in Germany during the hyperinflation in the Weimar Republic (1921–24).

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Zimbabwean dollar

The Zimbabwean dollar (sign: $, or Z$ to distinguish it from other dollar-denominated currencies) was the official currency of Zimbabwe from 1980 to 12 April 2009.

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Redirects here:

1914-1923 German hyperinflation, 1920s German inflation, German hyperinflation, German hyperinflation in 1920s, German hyperinflation of 1922-23, German hyperinflation of 1922–23, German hyperinflation of the 1920s, German inflation from 1914 to 1923, Hyperinflation in the German Reich, Inflation in the Weimar Republic, Inflation in the Weimar republic, Weimar Hyperinflation, Weimar Republic inflation.

References

[1] https://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_Republic

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