1923

In January, French and Belgium troops enter the Ruhr to take goods from Germany to maintain reparation payments. The German workers come out on strike and refuse to co-operate with the French.

The German government could not pay so printed more banknotes. The worth of a mark decreased due to extra banknotes. The government therefore printed more banknotes so the unemployed were getting enough, which led to hyperinflation.

Here is an table of how much the German bread costs in 1923

Hyperinflation affected nearly everybody in Germany. It affected them by forcing up the prices of essential goods.

The price is in German marks

September, Stresemann calls of passive resistance in the Rhur.

November, New currency introduced: the Rentenmark.

The German economy collapsed in 1923. Chaos followed. Socialist and communists took over Saxony and Thuringia. Workers in Hamburg seized control of working-class districts. In the Rhineland, several groups tried to break away from Germany to form independant states.In the east, troops known as the Black Reichwehr seized the town Kustrin.In Munich, the National Socialist, or 'Nazi', Party tried to start a so-called 'National Revolution.

On 9th January 1923, the invasion of about 60,000 French and Belgium soldiers took control of ever mine, factory, steelworks, and railway in the region. They took food supplies from shops. They set up machine-gun posts in the streets.