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This government was already disliked by the German people for having signed the humiliating [[Treaty of Versailles]]. (In truth Germany had no choice. They were not allowed to give input, and were only told to sign.) The huge reparations required by that Treaty caused an even bigger problem. Germany simply could not pay.
This government was already disliked by the German people for having signed the humiliating [[Treaty of Versailles]]. (In truth Germany had no choice. They were not allowed to give input, and were only told to sign.) The huge reparations required by that Treaty caused an even bigger problem. Germany simply could not pay.
So Germany began printing money, and lots of it. This made it easier for Germany to pay its reparations but resulted in domestic hyper-inflation. The people were outraged at the depreciation of their savings and suffered great hardship. The currency became so debased that people used wheelbarrows to move their money around. The value of the German mark went from 4 to the dollar to over 1 trillion to the dollar. The German people disapproved even more of their own government. The setting was ripe for a new figure to rise who claimed to have the cure for Germany's economic problems and could restore German [[nationalism]], [[Hitler|Adolf Hitler]].
So Germany began printing money, and lots of it. This made it easier for Germany to pay its reparations but resulted in domestic hyper-inflation. The people were outraged at the depreciation of their savings and suffered great hardship. The currency became so debased that people used wheelbarrows to move their money around. The value of the German mark went from 4 to the dollar to over 1 trillion to the dollar at the peak of the inflation in 1923. The German people disapproved even more of their own government. The setting was ripe for a new figure to rise who claimed to have the cure for Germany's economic problems and could restore German [[nationalism]], [[Hitler|Adolf Hitler]].
[[Category:European History]]
[[Category:European History]]