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ESTABLISHING PEACE: RECONSTRUCTION AND RECOVERY 03/19/10 06:21 PM MSHS / Humanities / Vanessa Tan MSHS/Humanities/Vanessa Tan

STRESEMANN’S POLICIES 03/19/10 06:21 PM MSHS/Humanities/Vanessa Tan

Solved Economic Problems ,[object Object],[object Object],[object Object],03/19/10 06:21 PM MSHS/Humanities/Vanessa Tan

[object Object],[object Object],Solved Economic Problems 03/19/10 06:21 PM MSHS/Humanities/Vanessa Tan

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Solved Economic Problems 03/19/10 06:21 PM MSHS/Humanities/Vanessa Tan

[object Object],Solved Economic Problems 03/19/10 06:21 PM MSHS/Humanities/Vanessa Tan

[object Object],Solved Economic Problems 03/19/10 06:21 PM MSHS/Humanities/Vanessa Tan 10 Million Mark, 25 July 1923 – can buy 12 pounds of meat

[object Object],Solved Economic Problems 03/19/10 06:21 PM MSHS/Humanities/Vanessa Tan German Railroad* Note – 10 Million Mark 2 September 2 1923 can buy ½ pounds of meet *The German National Railroad, along with many companies and towns issued their own inflationary currency as the German Government was unable to print money fast enough to keep up with the inflation. These additional issues only further fuelled inflation by increasing the money supply

[object Object],Solved Economic Problems 03/19/10 06:21 PM MSHS/Humanities/Vanessa Tan A 50,000,000 (50-million) mark

[object Object],Solved Economic Problems 03/19/10 06:21 PM MSHS/Humanities/Vanessa Tan 1 Billion Mark 20 October 1923 – can buy ¾ pounds of meat

[object Object],Solved Economic Problems 03/19/10 06:21 PM MSHS/Humanities/Vanessa Tan A 1000 Mark banknote, over-stamped in red with 1,000,000,000 (1 billion) mark

[object Object],Solved Economic Problems 03/19/10 06:21 PM MSHS/Humanities/Vanessa Tan 100 Billion Mark, 3 November 1923 On November 1 100 Billion Mark would buy 3 pounds of meat. Bread is 3 Billion Mark a loaf. On November 15 100 Billion Mark would buy 2 glasses of beer Bread is 80 Billion Mark a loaf.

[object Object],Solved Economic Problems 03/19/10 06:21 PM MSHS/Humanities/Vanessa Tan A medal commemorating Germany's 1923 hyperinflation. The engraving reads: "On 1st November 1923 1 pound of bread cost 3 billion, 1 pound of meat: 36 billion, 1 glass of beer: 4 billion."

[object Object],[object Object],[object Object],[object Object],Solved Economic Problems 03/19/10 06:21 PM MSHS/Humanities/Vanessa Tan

[object Object],[object Object],[object Object],Solved Economic Problems 03/19/10 06:21 PM MSHS/Humanities/Vanessa Tan

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