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morpeh [17]
3 years ago
7

Who was the 19th president

History
2 answers:
dsp733 years ago
5 0

Answer:

Rutherford B. Hayes

Explanation:

I know he is

natta225 [31]3 years ago
4 0

Answer:

Rutherford B. Hayes

Explanation:

As the 19th President of the United States (1877-1881), Rutherford B. Hayes oversaw the end of Reconstruction, began the efforts that led to civil service reform, and attempted to reconcile the divisions left over from the Civil War.

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The strategy that Germany used was the mass printing of bank notes to buy foreign currency, which was then used to pay reparations, which greatly exacerbated the inflation of the paper mark. Essentially, all of the ingredients that went into creating Germany's hyperinflation can be grouped into three categories: the excessive printing of paper money; the inability of the Weimar government to repay debts and reparations incurred from World War I; and political problems, both domestic and foreign.

Explanation:

Everyone who had debt benefited from hyperinflation because Mark-denominated debt became worthless. A 100,000 German Mark loan in 1918 - a hefty sum - was worth just . 01% of its initial value by 1923. That would be like taking out a $100,000 loan in 2016 and paying it off with a $1.00 bill in 2021.

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