HSTR 350B Lecture Notes - Lecture 2: Walther Rathenau, Rhineland Bastard, World War I Reparations

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Roots of inflation = fiscal policy of imperial government during world war one. November 1918 banknotes in citvulation quintupled (5x) Ci(cid:448)il order (cid:894)(cid:862)(cid:374)or(cid:373)al(cid:272)y(cid:863) (cid:373)ore i(cid:373)porta(cid:374)t tha(cid:374) the e(cid:272)o(cid:374)o(cid:373)y(cid:895) 5th may 1921 = london ultimatum germany to pay 132 billion gold marks (33$ billion. January 16, 2017 us) in reparations: how where they going to pay. Jewish a lot of germans saw a problem with a jewish person representing the country, also someone so left sided. Two very unpopular policies: policy of fulfillment, treaty of rapallo germany and the. Soviet union agree to not give reparations with each other & lets be friends with the. Assassinated on 22 june 1922 murderer of rathenau was a brief moment of unity for the german population. Germany said to be defaulting on payments france and belgium take matters into their own hands (also violating the treaty of versailles)

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