Unraveling the Roots of the German Mark's Collapse

Unraveling the Roots of the German Mark’s Collapse

Tags: Central Banks, Inflation, Monetary Policy, World History

12/23/2023 Pedro Goulart

A century ago, the German reichsmark went into freefall as the most famous hyperinflation in history exploded the German economy. The repercussions still are with us.

Original Article: Unraveling the Roots of the German Mark's Collapse

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.