The German Inflation, 1914-1923: Causes and Effects in International Perspective

abroad aggregate Allied April assets average basket Berlin billion gold marks billion marks black market capital cash central bank changes commodities consumption cost cost-of-living cost-of-living index currency depreciation Dawes Plan deficit demand deposits Deutsche Deutschen Reichs Deutschland domestic economic effects employment estimates exchange rate expenditure exports financing fiscal floating debt foodstuffs foreign currency foreign exchange foreign exchange market German German Inflation Germany's household hyperinflation Ibid increase industrial inflation tax inflationary investment J. M. Keynes Jena July June Karl Helfferich Keynes Kriege liabilities liquidity Loan London maximum prices monetary base money supply national income percent period political postwar prewar price level Prion production quantity real income real wage reduced Reich Statistical Reichsbank reichsmarks Reichstag rentenmark Reparations revaluation sector Statistical Office Statistisches Reichsamt Table taxation theory tion trade Vereins für Socialpolitik Währung wholesale price wholesale price index Wirtschaft workers