Question

what were the causes of hyperinflation of 1923?​

Answer 1

hyper inflation probably happened because the weimar government printed Bank notes to pay reparations

Answer 2

Answer:

Germany had fought the war largely on loans and had to pay war reparations in gold.

 This depleted gold reserves at a time resources were scarce.

 In 1923 Germany refused to pay and the French occupied Ruhr, to claim their coal.

 Germany retaliated with passive resistance and printed paper currency recklessly.

 With too much printed money in circulation the value of the German mark fell. In April the US dollar was

equal to 24,000 marks, in July 353,000 marks and at 98,860,000 marks by December, the figure had run

into trillions.

 As the value of the marks collapsed, prices of goods soared.

 This crisis came to be known as hyperinflation, a situation when prices rise phenomenally high