Hyper+of+Inflation

__Hyper of Inflation__
 * > July 1914 ||> 1 ||
 * > Jan 1919 ||> 2.6 ||
 * > July ​1919 ||> 3.4 ||
 * > ​ Jan 1920 ||> 12.6 ||
 * > Jan 1921 ||> 14.4 ||
 * > July 1921 ||> 14.3 ||
 * > Jan 1922 ||> 36.7 ||
 * > <span style="color: #000080; font-family: Georgia,serif;">July 1922 ||> <span style="color: #000080; font-family: Georgia,serif;">100.6 ||
 * > <span style="color: #000080; font-family: Georgia,serif;">Jan 1923 ||> <span style="color: #000080; font-family: Georgia,serif;">2,785.0 ||
 * > <span style="color: #000080; font-family: Georgia,serif;">July 1923 ||> <span style="color: #000080; font-family: Georgia,serif;">194,000.0 ||
 * > <span style="color: #000080; font-family: Georgia,serif;">Nov 1923 ||> <span style="color: #000080; font-family: Georgia,serif;">726,000,000,000.0 ||

<span style="font-family: Georgia,serif; font-size: 80%;">During World War I, the government in Germany didn't want to upset it's people and raise really high taxes, so during those years they just borrowed money from other countries. The plan was to have the enemies pay off their debt once the war was over, but when the war didn't turn out as planned for the Germans, they realized they had a lot of debt and no way to pay it. Because there wasn't a limit on how much money could be printed, they just began printing more and more paper money. The idea didn't cause problems until the banks weren't able to keep up with taxes and they could no longer back up their bonds, loans, and savings. The phase of hyperinflation began when they couldn't print money off quick enough becuase the money was depreciating at such a fast rate. The table above shows the Wholesale Index Rate; the rate that hyperinflation was raging during that time. the problems with money (and no money) caused a panic. People began being paid as many as three times a day becuase of the money not having any worth. They would have to rush out to buy things to live on beofe it was gone. The supply of materials to live on was never high becuase workers and shop owners wouldn't want to put their items on the market just so they could get such worthless money in return. The effects of inflation caused people to barely be able to live. Around 1924 people bagan to realize that the terms in the Treaty of Versailles weren't managable for this country. In 1924, Charles Dawes figured out an idea to help Germany get it's government back in order. This helped get Germany back in control of it's economy. For the next five years Germany was able to meet the requirements of the treaty and their unemployment rate went down.


 * There are still a few grammatical errors/typos. I think that there could be a bit more explanation on this slide, especially with regards to the Dawe's Plan. Do you mention under the Great Depression how bad this was because it made Germany dependent on the US?***