Hyperinflation Flashcards
(5 cards)
1
Q
Price difference of bread 1922-Nov 1923
A
1922 - 163 marks
Nov 1923 - 200,000,000,000 marks
2
Q
Who was Gustav Streseman?
A
1923 - chancellor
1923-1929 - foreign minister
1929 - died
Made new currency and deals like young plan
3
Q
What and when was new currency?
A
Nov 1923 - Rentenbank and Rentenmark
Reichsbank and Reichsmark - independent from government
4
Q
What and When was Dawes plan?
A
1924 - US gives $25b loan to Germany to help with recovery
5
Q
What/When - Young plan
A
1929
Reparations lowered £6.6b to £2band extra 59 years to pay
French leaves Rhineland 1930
