describe the impact of the economic crisis of 1923 on germany?
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11 January - French and Belgian troops enter the Ruhr in the Occupation of the Ruhr because of Germany’s refusal to pay war reparations, causing strikes and a severe economic crisis.20 April - Julius Streicher's antisemitic newspaper Der Stürmer begins publication.15 September - Germany's bank rate is raised to 90% due to hyperinflation. See 1920s German inflation.26 September - Chancellor Gustav Stresemann calls for an end to passive resistance and protests by Germans against the French and Belgian Occupation of the Ruhr.26 September - The German government declares a state of emergency under Article 48 of the German Weimar Constitution. It will last until February 1924.21 October - A separatist government is formed in the Rhineland Palatinate and is quickly recognized by the French government.9 November - Members of the National Socialist German Workers Party (Nazis), led by Adolf Hitler, fail in a coup attempt to overthrow the Bavarian government in Munich, Germany which is later known as the Munich Putsch or Beer Hall Putsch.15 November - The value of the German Papiermark falls to 4.2×1012 mark to the United States dollar causing the German government to issue the Rentenmark as a replacement for the Papiermark to alleviate the hyperinflation in the Weimar Republic.23 November - Gustav Stresemann resigns as German Chancellor after a vote of no confidence from members of the government.1 December - Center Party member Wilhelm Marx forms a new coalition government becoming the new German Chancellor.8 December - Germany signs an economic treaty with the United States.8 December - The Reichstag passes an enabling act empowering the government to take all measures it deems necessary and urgent with regard to the state of emergency
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