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hyperinflation

1 matching event · 1 published research item · November 15, 1923 → November 15, 1923

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November 15, 1923 Finance

Before Hitler: How Big Banks and Financiers Profited from High Interest Rates

Before Hitler rose to power, major banks and financiers profited from high interest rates in Germany. During the Weimar Republic, government bonds often carried 6-10% nominal rates. Banks...

banks bonds currency debt economists europe

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Published Research World Wars: Power, Conflict & Consequence

German Hyperinflation Peaks

15 November 1923 — Germany introduces the Rentenmark during the final phase of the hyperinflation crisis. Years of wartime debt, fiscal instability, reparations pressures and the Ruhr con...

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