5min chapter

Odd Lots cover image

Zach Carter on the Real Story of Weimar Hyperinflation

Odd Lots

CHAPTER

Is It a Hyperinflation?

When the french government decides to occupy the rur valley, germany misses its reparations payments and france essentially invades. When that happens, you have a total loss of international confidence in the mark. You start seeing the mark a instead of being 65 or a thousand to one, it starts being measured in millions against the dollar. After this, it's, i think they stop measuring when it gets to about a trillion to one sometime in 19 24, marks to dollars. So it's a political collapset, is what happens. And then there's no reason to thy be. Government is giving to have any confidence in their willingness to abate from inflationary policies as that

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