0
What did Germany do to casue high rates of inflation after world war 1?
Wiki User
∙ 7y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
How do you compare inflation rate in India with world inflation rate?
Honestly, you can not compare inflation rate of world with India's. Each country have their own currency and policies hence different rate of inflation. You could find various different inflation rations for different commodities and then compare them with India's overall inflation rates.
Lowest inflation rate in world?
The lowest inflation rate in the world is 0% in Japan. There are countries in which there is a negative inflation, but these cases are not called low inflation, they are called deflation. the highest deflation rate is 3% in Nauru (you may as well call it a -3% inflation)
What was inflation crisis in Germany?
90 years ago Germany was in a lot of debt because of World War 1 so they decided to print money. They printed too much of it and there was so much of it everyone had millions. It became worthless and people lost their life savings.
How does the US' GDP compare with that of the rest of the world?
The nominal GDP of the US is the 2nd in the world (after the European Union). However, the GDP PPP (at purchasing power parity (which takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates which may distort the real differences in per capita income) is the 2nd in the world (after the European Union and China) and the GDP PPP per capita is the 10th in the world.
How do you calculate annual inflation rate using monthly inflation?
Just a thought based on logic -this is not a textbook answer and all numbers are fictional and in dollars-: If the change in inflation was the same each month you would use a simple compounding formula that is S=P(1+I)^N so to make it simple if you got 100$ (P) today and inflation increases 3.5% each month (I) then in 1 yr (that is 12 months(N)) you would have the following: S= 100$*(1+0.035)^12 à S=151.12$ That is that the 100$ will inflate to 151$ in paper (not in true value) in one year. So 100$ today in 12 months is worth 100/151.12= 66.18% of its original value that is 100$ are worth 33.82% less in this particular example and in dollars of the initial year 66.18$. In 10 yrs (120 months) 100$ with such an inflation rate would be worth 1.6$. For different month by month inflation rates simply do it step by step: i.e. January= 100$+100$*4.2%= 104.2 February=104.2 +104.2* 3.4%=107.742 and goes on for every month. So once you reach the last month of the year simply divide 100/December and the inflation rate will be 100 minus that number. For January and February it is 100/107.742= 92.8 so 100-92.8 gives us 7.2% inflation. Also keep in mind to use crude month to month inflation rates and not year average inflation rates that are the average inflation of each month so far in the year. You will often find rates that are the average of this year's months against the previous year's month average. That is the average of all monthly rates until lets say May of 2009 (Jan+Feb+Marc+April+May/5) against the same of all months until May 2008. If you want to simply see the devaluation of money don't use these rates use monthly rates. Also you can use the inflation rate of this year's month against last year's but calculate it once for each year. For example from Jan 2005 to Jan 2006 = 3.4% and from Jan 2006 to Jan 2007 = 3.6% so the above formula would be Jan 05-06= 100$+100$*0.034=103.4$ Jan 06-07= 103.4$+103.4$*0.036=107.12$. This is 100/107.12= 6.65% inflation. So your 100$ have devalued 6.65% and are worth 100-100*0.0665= 93.35$ today 2 yrs later. Also remember that what is true inflation is not easily calculated and debatable. Take in mind interest rates and other facts i.e. multiplication of money from multiple loaning and the accuracy of reporting from government agencies in third world countries etc.
What did Germany do to cause high rates of inflation after world war 1?
Germany rose up with determination and knew that what they had to do was to be done, and so they did whatver they had to do.
How do you compare inflation rate in India with world inflation rate?
Honestly, you can not compare inflation rate of world with India's. Each country have their own currency and policies hence different rate of inflation. You could find various different inflation rations for different commodities and then compare them with India's overall inflation rates.
What was the economy of Germany like before world war 2?
It was disastrous with hyper inflation mass unemployment etc mobilization was actually away to get the economy moving again in Germany.
How did the severe punishment to Germany at the end of World War I contribute to World War 2?
The reparations Germany was required to pay after World War 1 contributed to the hyper inflation that existed in the Wiemar Republic of Germany that coupled with the Great depression lead to the rise of Dictatorships in Germany and Italy. And with Hitlers rise to power lead the world into World War 2.
What major problem did US encounter as a result in world war 2?
inflation, a second world war, fighting the most powerful army in the world (Germany). many more
Why was Germany fertile soil for the Nazis following world war 1?
Germany was in a state of depression much like the united states in the 1930's, but the Jewish communities seemed to be doing better then everyone else in Germany so the nazi's found someone to blame the depression on which started to casue the hate of the Jewish people.
How were the economies of japan Russia and Germany the same?
The economies of Germany, Japan, and Russia were all marked by high national debt after World War I. Inflation was another major economic issue these economies faced.
What are some specific causes of World War 2?
High inflation in Germany, poor German moral, the invasion of Poland by Germany after France and England warned Germany not to and a charasmatic speaker...Hitler... he told the Germans what they wanted to hear (he was Austrian)
Why do money exchange rates change frequently?
Money exchange rates change frequently because finances around the world also change frequently. There are six things that determine exchange rates which are interest rates, inflation, account deficits between countries, public debt, terms of trade between countries, and political and economical stability. As these things fluctuate, exchange rates fluctuate.
Lowest inflation rate in world?
The lowest inflation rate in the world is 0% in Japan. There are countries in which there is a negative inflation, but these cases are not called low inflation, they are called deflation. the highest deflation rate is 3% in Nauru (you may as well call it a -3% inflation)
What was the importance of Germany?
Germany is of great importance to the European Union and the entire world, during this tough time of econmic inflation Germany was not too badly affcted, thus, maintaing its position in the European Union as the greatest economy, as for it mportance to the rest of the world, Germany is a great producer of iron, steel, cement, coal, vehicles and machinery and various other goods, that are exported to many countries across the globe. Berlin, the capital of Germany is also a major trade centre of the world, thus, making Germany a country of great importance to the world.
What has the author W M Corden written?
W. M. Corden has written: 'Protection and liberalization' 'Inflation, exchange rates and the world economy' -- subject(s): International finance 'The revival of protectionism in developed countries'
