Why did German money became worthless?

already exists.

Would you like to merge this question into it?

already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

exists and is an alternate of .

Between World War I and World War II, Germany suffered "hyperinflation," whereby its currency essentially became worthless. The causes of this are numerous and complex, but most economics to ascribe the currency crisis to the financial strain of war reparations under the Versailles Treaty, which prevented the country from reinvesting in its industry and agriculture so that it could recover from the devastation of World War I.
10 people found this useful

What is German money?

The currency in Germany is the Euro (€). It has been the Euro since 2002.

Why was Pennsylvania money worthless in New York?

Since New York was not as poor or higher class the Pennsylvaniathier money wasnt worth as much. Think of it as pesos are toAmerica you need a lot of pesos to equal a dollar in

Why did money in Europe become worthless after World War 1?

It was more the economy of Germany that became worthless. After loosing the war, Germany was forced to pay reparations, under the Treaty of Versailles. The total money owed

Why did the Romans money become worthless?

Roman coins were made of silver, but when there was a need for more money and not enough silver, Rome reduced the amount of silver in its coins thus allowing them to make more

What were the Germans before they became known as the Germans?

Up until the tenth century, the Germans were a loose knit group of tribes. Over time they began to form nations. Eventually the people who lived in these nations began to call

Why did Rome's money finally become worthless?

Roman money finally became worthless because when Rome stopped conquering new lands, no new sources of wealth were available. Food was scarce. Making food prices go up. To pay

What contributed to the German mark becoming worthless?

It's complicated, so let's simplify this a bit. During World War I, Germany chose to pay for their efforts bytaking out massive loans, rather than raise taxes like othercount