why did the german economy destablised ? what stablised it ?
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the economy was stabilized with the help of foreign, particularly American, loans ...
Thushita:
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By fall 1922, Germany got itself unfit to make reparations payments.
Inflation was exacerbated when workers in the Ruhr went on a general strike and the German government printed more cash in order to continue paying for their passive resistance.
By November 1923, the US dollar was worth 4,210,500,000,000 German marks.
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