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budget deficits grew rapidly from the high inflation that became hyperinflation as tax revenue could not keep pace with rising prices. Finally in 1924 Germany adopted a new currency, and while it was not legal tender, it was designated acceptable for tax payment. The hyperinflation ended. To say that Weimar’s hyperinflation simply resulted from government “printing money” is obviously far too simple.
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Hyperinflation ended with new currency
Modern Money Theory: A Primer on Macroeconomics for Sovereign Monetary Systems
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