The Hyperinflation Crisis of 1923: Economic and Political Impact on Germany
The hyperinflation crisis of 1923 was one of the most devastating economic collapses in modern history. It crippled Germany’s economy, destroyed the savings of its citizens, and created widespread social and political instability. The crisis originated from the economic burdens imposed by World War I, the harsh reparations demanded by the Treaty of Versailles, and…
