182k views
3 votes
How did inflation impact the lives of Germans in 1920s?

User Wilton
by
5.5k points

1 Answer

6 votes

Answer:

In November 1923, the inflation reached a peak: one dollar was worth 4,200 billion German marks. It was clear to all that this trend could not go on. Eventually, a change of government in Germany brought an end to the inflation, after it had achieved one of its main goals: reduction of the debts that were burdening the German coffers.

User Edouard Barbier
by
5.5k points