Timeline for Why couldn't the Weimar Republic peg their currency to another one?
Current License: CC BY-SA 3.0
11 events
| when toggle format | what | by | license | comment | |
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| Apr 13, 2017 at 18:59 | answer | added | Brian Z | timeline score: 0 | |
| Apr 11, 2017 at 18:36 | comment | added | T.E.D.♦ | @MarkC.Wallace - Yes. Particularly a government that had huge internal war debts. | |
| Aug 30, 2016 at 19:37 | comment | added | Doctor Zhivago | Nazi Germany had a problem with inflation interestingly...it was a major impairment to rearmament going into World War 2. This problem was rectified in a big way by the successful invasion and conquest of Western Poland which brought massive silver reserves into the Reich. They also reached an agreement with Soviet Russia for the importation of immense quantities of food grains and other raw materials which allowed "National Socialism" to function quite effectively...certainly better than Weimar. | |
| Aug 30, 2016 at 2:54 | comment | added | Michael Hardy | Say they pegged it to the British pound. When they've printed so many German marks that you have one trillion marks in your pocket and ask one trillion British pounds in exchange, what will happen? | |
| Aug 29, 2016 at 21:11 | comment | added | Pieter Geerkens | You presume that the Weimar Republic desired to stabilize their currency; I believe this is a false assumption. | |
| Aug 29, 2016 at 20:47 | comment | added | Doctor Zhivago | Believe it or not Germany had a massive DEFLATION after World War 1 ended. Its very interesting to ponder why Weimar had a hyperinflation in the first place...but that problem was solved by Hjaljamir Schact so there was no problem with the German money by the mid 1920's. | |
| Aug 29, 2016 at 16:04 | comment | added | MCW♦ | Why would they want to do so? What problem would it solve? (remember that inflation is a good thing for a government and other debtors.) | |
| Aug 29, 2016 at 15:20 | vote | accept | Sulphuric_Glue | ||
| Aug 29, 2016 at 15:18 | answer | added | KorvinStarmast | timeline score: 6 | |
| Aug 29, 2016 at 15:05 | review | First posts | |||
| Aug 29, 2016 at 15:51 | |||||
| Aug 29, 2016 at 15:04 | history | asked | Sulphuric_Glue | CC BY-SA 3.0 |