Birdwatch Note Rating
2024-05-28 09:44:35 UTC - HELPFUL
Rated by Participant: 49BD2B7337CC252B2184024B5B0BA8D3D7EBB974051EA9EF410D5880E9BAAF66
Participant Details
Original Note:
Germany already printed their own money before the rise of the Nazi party. Too much printing of their currency (inflation) the Papiermark and Reichsmark caused the Weimar Republic's economic collapse. https://www.spurlock.illinois.edu/blog/p/1920s-hyperinflation-in/283#:~:text=In%20early%201922%2C%20160%20German,working%20classes%20employed%20in%20factories. https://researchonline.jcu.edu.au/21599/3/21599.pdf Their debt was a result of war reparations due to losing World War One. https://2001-2009.state.gov/r/pa/ho/time/wwi/89875.htm
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