Question

mention the impacts of hyperinflation in germany?? please answer this question

Answer 1

hyperinflation was during the Weimar Republic in Germany in the 1920s. First, the German government printed money to pay for World War I. From 1913 to the end of the war, the number of Deutschmarks in circulation went from 13 billion to 60 billion. The government also printed government bonds. It has the same effect as printing cash. Germany's sovereign debt went from 5 billion to 100 billion marks. At first, this fiscal stimulus lowered the cost of exports and increased economic growth.

When the war ended, the Allies saddled Germany with another 132 billion marks in war reparations. Production collapsed, leading to a shortage of goods, especially food. Because there was excess cash in circulation, and few goods, the price of everyday items doubled every 3.7 days. The inflation rate was 20.9 percent per day. Farmers and others who produced goods did well, but most people either lived in abject poverty or left the country.

Answer 2

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It is a situation when there is very high price rise. It occurred in Germany after the First World War due to too much printing of currency.