215: 1919 – Germany VI

A fifty billion mark note. That’s a European billion, meaning 50,000,000,000,000, or fifty trillion, as we would say in the USA. It was worth about US$12.

The German government continued to drag its feet on reparations payments, sparking a Franco-Belgian invasion of the Ruhr region.

Inflation ran wild, owing to the government’s policy of simply printing new money to pay the bills. Strikes and unrest broke out across the country, while in Munich, right-wing extremists attempted a coup.

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Playlist:

Fanfare

Opening Theme

Fantaisie – Impromptu
Composed in 1834 by Frédéric Chopin. Public domain.
Performed by Frank Levy. Public domain recording. Source.

Closing Theme 



Except when otherwise indicated, the contents of this podcast are © and ℗ 2015, 2016, 2017, 2018, 2019, 2020 by Mark Painter, all rights reserved. Some music and sound effects used by arrangement with Pond 5.

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