German Hyperinflation 1922/23

The traditional positioning of the German Hyperinflation within the history of the so-called Weimar Republic (Deutsches Reich) is to declare this devastating event as one of the stepping stones to establish Hitler's Nazi Regime. However, there is little in law and economics literature to explain the colossal acceleration of the creeping inflation in the very short time from July to November 1923 to a massive hyperinflation.

This research rejects the standard argument that the sole cause of...