Inflation in Austria in 1922

The transcript discusses the inflation of the German Mark, highlighting the Republic's financial struggles as it printed more money with diminishing gold reserves. It also covers the valuation of the pre-war Mark against the American dollar.

What was the German monetary unit mentioned in the text?

What was the alarming trend observed in the value of the Mark?

What action did the Republic take when it found itself without necessary funds?

What was the consequence of printing more paper money?

How did the value of the pre-war Mark compare to the American dollar?