Impact of the Great War on Germany

The Great War itself had detrimental effects on Germany and her people ranging from obtaining little control over hyperinflation being invaded by the French. In addition it was all down to the leaders at the time as well for the outcome, and altogether what really made Germany such a country, stripped of its back-bone after the war.

One of the most significant problems of the war for Germany was the financial implications and reasons to its unfortunate history during the war. This was mainly because of a severe case of Hyperinflation (where the price increases where so dramatically out of control, that the value of inflation was meaningless). The government at the time predicted and constituted a solution to the problem and it was to simply increase the quantity of production in money printing making. However this then meant that for the people of Germany at the time, the price of money itself had gone down and it wasn't done on a single basis, as it was maintained and continued until the value became literally worthless. This is why people at the time used money for all kinds of things such as decorating wallpaper or even used as heat in fireplaces purely because money was worth much less than firewood. This even resulted to people carrying briefcases full of money just to spend for something as small as a loaf of bread. Later on, after discovering that it really wasn't a good idea at all, the German government and her people relied on Gustav Stresemann who had a solution for the problem. His new, but rather elementary approach to the problem was to change the currency from the Reich Mark to the Retenmark. This finally gave everything a new and unobjectionable value.

Europe, post Treaty of Versailles. Leslie’s New ...

Taken by Edward N. Jackson, WWI Paris peace confer...

English: Photograph of the Big Four at the Paris p...