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nov 1, 1923 - 6b. A loaf of bread: 75 billion marks

Description:

Hyperinflation of the German Mark caused by the Weimar government trying to pay off war debts crashes the German economy. This leads to widespread unemployment and the destruction of savings. This led to discontent against the government and polarization of German politics.

Added to timeline:

Hitler's Rise to Power
By Gordon Chen
7 Mar 2022
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362

Date:

nov 1, 1923
Now
~ 102 years ago
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