usa overspending causes hyperinflation , page-5

Germany abandoned the gold backing of its currency in 1914.

The war was expected to be short, so it was financed by government borrowing, not by savings and taxation.

In Germany prices doubled between 1914 and 1919.

The mark was replaced with the Rentenmark in 1923 which was backed with American gold. also, a less harsh war reparation payments scheme was implemented. the german economy got back on its feet & from 1924 to 1929 is known as the Golden Age of Weimar.

go gold.....