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@jlh1182 | 28 January 21 | |
This dramatic turnabout happened in large part because of the role played by Gustav Stresemann who became Chancellor in August 1923 during the hyperinflation crisis. This was a time when prices in Germany went up quicker than people could spend their money and the German currency lost its value.
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@jlh1182 | 28 January 21 | |
I will make alterations to highlight the recovery aspect instead of just repeating what is already written.. firstly there needs to be established a new currency.. if your having problems with paper and printing you may need to consider a digital currency, this will require every man woman and child to be granted a personal account number with the government revenue system, a huge registration system... Do not discard the old currency, slowly phase it out in a calm manner..
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@jlh1182 | 28 January 21 | |
Stresemanns single greatest achievement as Chancellor was to end hyperinflation. He did this in just three months by:
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@jlh1182 | 28 January 21 | |
Calling off the passive resistance of German workers in the rhur.. this is a known region in Germany which was primarily focused on industrial work, production of goods, manufacturing and technology, these workers would have gone to work for the purpose of my work and not luxury or an easy life, they had to focus on production.. workers cannot function without food and rest, consider this of high importance..
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@jlh1182 | 28 January 21 | |
Promising to begin reparations payments again. This persuaded France and Belgium to end the occupation of the Ruhr by 1925... This is something that was forced upon Germany after losing the war 1918, the cost to Germany was very high, something perhaps Venezuela will not have to suffer in any similar way.. other countries practically confiscated parts of the countryside that focused on production so as they agreed to continue payment to the nation's, those nations have back their territories as part of the agreement..
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@alanball | 28 January 21 | |
@ 9362 - 28.01.21 - 07:49pm Can't blame America. It's chavez's fault most people are in poverty. He and his friends get millions. Keep the military top brass on their side and keep most ordinary people poor as fk Course you can blame America, they've been killing the country for years and don't even try to hide it. |
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@jlh1182 | 28 January 21 | |
Introducing a new currency called the Rentenmark. This stabilised prices as only a limited number were printed meaning money rose in value. This helped to restore confidence in the German economy both internally and internationally. I will insist that if this option is chosen then please make full assesment with good international advice as a means of securing the best outcome, prepare a failsafe mechanism..
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@jlh1182 | 28 January 21 | |
**Reducing the amount of money the government spent (700,000 government employees lost their jobs) so that its budget deficit reduced.** I have the idea that all government employees can do something instead of losing anything at all, they are to go into their local community and hire civilians, to extend their reach to from 700,000 people to double 1,400,000 persons.. something as simple as extending a power cord to their chosen employee, a water pipe, a car etc etc.. to spread out resources to people who are focused on the economic recovery, I would choose food production and construction workers or something similar, and drop tax obstructions to them, make it easy to make progress..
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@jlh1182 | 28 January 21 | |
The years 1924 to 1929 have been referred to as Weimars Golden Years, but historians disagree as to just how much the German economy recovered from the effects of World War One and hyperinflation.- there are no guarantees in this life only that if nobody tries, failure is certain.. don't fear, be confident..
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@jlh1182 | 28 January 21 | |
So as a matter of historical fact, the signs of recovery were as follows, I have attempted to change the information in order to focus on recovery and not decline, you can read the data for yourself in any history discussion if you wish to do so..
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