Adam Bisno

Adam Bisno

Adam Bisno is a historian and the author of Big Business and the Crisis of German Democracy: Liberalism and the Grand Hotels of Berlin, 1875-1933. You can find more of his work at adambisno.com.

In January 1923, a dollar cost 17,000 marks. In December, the exchange rate topped out at 4.2 trillion marks to the dollar.

How Hyperinflation Heralded the Fall of German Democracy

In 1923, the collapse of the Weimar Republic's economy impoverished millions and gave Adolf Hitler his first chance at seizing power

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