In 1918, Germany was in ruins. They had lost the war and the newly appointed Chancellor Friedrich Ebert was forced to sign an armistice that compelled Germany to receive the blame for WWI. One of the terms of the treaty was to pay war reparations as much as 132 billion gold marks to the Allied Powers.
132 billion gold marks war reparation
signed
After WWI, the pulse of prosperity had faded, replaced by the hollow ache of empty stomachs and the weight of an unimaginable debt. Food shortage became a national issue. The country was producing only 60% of bread and meat it had produced before the war. This caused nearly 300 000 deaths by starvation and hypothermia.
In 1922, Germany was incapable of paying for that year’s reparation installment. France became impatient and came to take matters into their own hands. French and Belgian troops entered and occupied the Ruhr (the most valuable industrial area in Germany) to take what was owed to them in the form of raw materials and goods. In response, the German government paid and ordered workers to go on strike. This further decreased the worth of the Mark currency and as well as the slaughter of many workers.