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Inflation 1916-1923

Inflation 1916-1923

The massive increase in government spending, borrowing and currency devaluation that occurred during the First World War by all powers led to a global surge in inflation. This growth in prices had major implications for both the combatant powers and t...

Explaining History · Nick Shepley

June 8, 201524m 11s

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Show Notes

The massive increase in government spending, borrowing and currency devaluation that occurred during the First World War by all powers led to a global surge in inflation. This growth in prices had major implications for both the combatant powers and the empires they governed

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