Birdwatch Note Rating
2024-05-28 07:24:16 UTC - HELPFUL
Rated by Participant: 93A4F7529EC1138DFB7F372AB0ED458D5DCD6BD5A4D2950887C624E2A85B02CA
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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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