Hyper Inflation Flashcards
1
Q
What is Hyperinflation?
A
When the value of money decreases and becomes worthless. E.g. The value of a loaf of bead = 60 million German Marks.
2
Q
How did they stop the crisis of Hyperinflation?
A
Stresseman burns all of the old money and creates a new currency called the Rentenmark.
