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30 April, 14:23

How did inflation impact the lives of Germans in 1920s?

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  1. 30 April, 16:00
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    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.
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