In 1914, the exchange rate of the German mark to the American dollar was about 4.2 to one. Nine years later, it was 4.2 trillion to one. The out-of-control inflation began somewhat mildly during World ...
The years 1924 to 1929 have been referred to as Weimar’s ‘Golden Years’, but historians disagree as to just how much the German economy recovered from the effects of the First World War and ...