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Essay

The Great Inflation

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Terresa L

 

Date added:

March 21, 2014

 

Level:

 

Grade:

A

 

No of pages / words:

9 / 2397

 

Was viewed:

1330 times

 

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Essay content:

A government-funded strike began as thousands of workers marched out of their factories and steel works. The German economy, already under massive pressure, gave way. The huge cost of funding the strike in the Ruhr and the costs of imports to meet basic consumer needs were met by the familiar expedient of the printing presses...
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The huge cost of funding the strike in the Ruhr and the costs of imports to meet basic consumer needs were met by the familiar expedient of the printing presses. Note circulation increased rapidly, and by November 1923 had reached almost 92 trillion marks. With less than three per cent of government expenditure being met from income and with the cost of one dollar at four billion marks, Germany was in the throes of economic and social chaos...
displayed 300 characters

General issues of this essay:
“Foreign Trade Balance” Chaos In The Currency Markets : Currency Crisis Of The Ems Exchange Rate Mechanisms - Currency Hedging Exchange Rate and Balance of Payments Factors that Determine the Currency Exchange Rates Foreign Exchange Management Foreign Exchange Markets Now and Then Foreign Exchange Markets Foreign Exchange Markets Foreign Exchange Reserve Foreign Exchange Foreign Exchange Forward Currency Exchange Market The Foreign Exchange Market Foreign Exchange Markets
 

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