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19 July, 19:09

What does inflation mean? [social studies word, term used for ww2]

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  1. 19 July, 22:25
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    Inflation: A general increase in prices and fall in the purchasing value of money.

    Inflation was remarkable for the success in suppressing an increase in prices. It was clear to Hitler and the other potentates of Nazi Germany, that another massive price inflation like the one in Weimar Republic, was not acceptable to the German people. In order to finance the coming wars, the prices had to be kept down.
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