Hyperinflation - Winners and Losers

• Borrowers,such as businessmen,landowners and those with mortgages.
• They found they could pay back their loans easily with worthless money 
• Their debt didn't change
• People on wages were relatively safe,because they renegotiated their wages every day.
• However,even their wages eventually failed to keep up with prices.
• Farmers coped well,since their products remained in demand and they received more money for them as prices spiralled.

• People on fixed incomes:
• Like - students , pensioners or the sick,found their incomes did not keep up with prices
• People with savings and those who had lent money ,for example to the governemnt,were the most badly hit as their money became worthless.

• Unsurprisingly,the hardships created during 1923 by hyperinflation led to many uprisings as groups struggled to take power from the government.
• A nationalist group called Black Reihswehr rebelled in september
• Communistes took over the governments of saxony and Thuringia in October.
• Communists also took over the Rhineland and declared it independent in the same month
• A fascist group called the Nazis attempted a Putsch in Munich in November

Nationalist - One who promotes the independence of their own naton from others.

Fascist - Someone with extreme right-wing,nationalist views who belives in the idea that there should be a strong,all powerful leader and a one party state.

Putsch- German word meaning an attempt to overthrow the governement.