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  • Hyperinflation
    • Thousands of Germans became destitute.
    • Foreign good became so expensive so only few Germans could afford it.
    • Paper money became worthless and batering became common.
    • Many people couldn't afford to eat properly and hunger was common.
    • Foreigners visiting Germany discovered that small amounts of their currency could be traded for millions of marks.
    • There was a danger that law and order might break down.
    • People who had borrowed large sums found that they could pay it back in a week.
    • Wages rose at first but then they couldn't keep pace with the dramatic price rise.
    • Hardest hit were those that saved for their old age. Suddenly their savings wouldn't buy a week's groceries.


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