Weimar response to economic challenges - Debts + reparations

How much did Weimar owe 1918?

150 billion marks

What was Weimar's post-war debt?

150 billion marks + £6.6 billion of reparations

What did the Allies think about GER's reparations?

Felt like they trying to avoid paying reparations coz lots of other countries had economic problems

From when was GER entangled in reparation negations?

1921

Until 1924 how did GER pay reparations?

In kind

When did GER stop paying reparations in kind?

1924

Negative Weimar response to reparations + debts impact on economy

Carried on printing money and borrowing to try and pay debts (at first)

Positive Weimar response to reparations and debts economic impact

Paid reparations in kind instead of money until 1924

Evaluation of Weimar response to reparations + debts economic impact

Continuation of printing more money and borrowing harmed economy but would never be able to pay debts without

More conciliatory approach to reparations from outset may have reduced them