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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.

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โˆ™ 2007-12-05 08:07:10
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World War 2

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Q: Why did German money became worthless?
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Related questions

Why was continental money worthless?

continentals became worthless because people came to believe that they would not be redeem their bills for gold and silver coins


In the early 1920s inflation made German money nearly worthless and led to Germany's economic collapse?

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Printed more Confederate dollars, and the currency became worthless.


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Depending on context, worthless can be translated as wertlos unwert bedeutungslos aussichtslos nutzlos nichtsnutzig


What did Gustav stresemann do when the french occupied the ruhr?

When Gustav Stresemann became Chancellor of Germany in 1923 the French were already occupying the Ruhr and the hyperinflation crisis had taken hold of Germany. The French occupation meant that Germany struggled to make money from industry and they had to pay the striking workers in the Ruhr who were carrying out passive resistance. The German economy didn't have enough money coming in from taxes so they printed more and more money caused prices to spiral out of control due to hyperinflation. The German currency was worthless. The money was worthless so when Stresemann became Chancellor he issued a new currency: the Rentenmark. Later, Stresemann called off the passive resistance in the Ruhr and as a result the French left.


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became worthless


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The stocks crashed, making the economy crash, creating the Great Depression


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because of the war the printed money, became worthless and also all the prices kept on going high and higher


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