Gustav Stresemann - Hyperinflation and a new currency

Time: Nov, 1923

Place: Weimar Republic (Present Day Germany)

Details: Hyperinflation in the Weimar Republic would reach its peak in November 1923. Stresemann introduced a new currency, the Rentenmark, to end hyperinflation. He also persuaded the French to pull back from the Ruhr in return for a promise that reparations payments would resume. That was part of his larger strategy of "fulfillment".

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