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What Americans Can Learn from Hyperinflation in Weimar Germany
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What Americans Can Learn from Hyperinflation in Weimar Germany
WWI was initially triggered by the assassination of Archduke Franz Ferdinand, heir to the Austro-Hungarian throne, by a Serb nationalist. From there, a disastrous series of alliances dragged a number of other nations with simmering rivalries into the war.Austria-Hungary declared war on Serbia. The Russians sided with Serbia. Germany, which was an ally of Austria-Hungary, declared war on the Russians. The Germans also feared being encircled by Fr…
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