Tag: Hyperinflation

Podcast

15th October 1923: Rentenmark introduced in Weimar Germany in an attempt to stop the hyperinflation crisis

15th October 2021
Tagged as: Economy, Finance, Germany, Hyperinflation, Money, Ruhr, Stresemann, Weimar

The new currency was backed by land that was used by businesses and agriculture, and was introduced at the rate of one Rentenmark to one trillion Papiermarks.

Podcast

15th October 1923: Rentenmark introduced in Weimar Germany

15th October 2018
Tagged as: Economy, Germany, Hyperinflation, Nazi, Politics, Treaty, Weimar

On the 15^th October 1923, the Rentenmark was introduced in Weimar Germany in an attempt to stop the hyperinflation crisis that had crippled the economy.