ABSTRACT
In Germany people have a case of an inflation that was held in control throughout a great war and for some time afterward, and then broke away completely and ran amuck. The post-war history of German inflation may be conveniently divided into two periods. It is not surprising that Germany resorted to further inflation immediately after the war. They show the trend usually found in periods of inflation. In contrast with the preceding inflation which was more or less orderly and controlled, the inflation during the greater part of the years 1922 and 1923 was Wild. It finally assumed proportions probably never before known in the world's history. During most of the period of the inflation, labour, fortunately, was fully employed. One of the outstanding effects of the inflation was the extent to which it wiped out the debts of the German Government, German corporations, and the German people in general.
