1. St. Anne’s-Belfield
The Interwar Years
AP European History
Sunday, April 21, 13

2. Post War Europe,
1919-1924
France’s Search for Security
Reparations (132 Billion Marks; $33
Billion)
Occupation of Ruhr Valley
INFLATION!!!!!
Sunday, April 21, 13

3. Post War Europe,
1919-1924
France’s Search for Security
Reparations (132 Billion Marks; $33
Billion)
Occupation of Ruhr Valley
INFLATION!!!!!
Sunday, April 21, 13

4. Post War Europe,
1919-1924
France’s Search for Security
Reparations (132 Billion Marks; $33
Billion)
Occupation of Ruhr Valley
INFLATION!!!!!
Sunday, April 21, 13

5. Post War Europe,
1919-1924
France’s Search for Security
Reparations (132 Billion Marks; $33
Billion)
Occupation of Ruhr Valley
INFLATION!!!!!
Sunday, April 21, 13

6. Simply stated, inflation is caused by increasing the quantity of
currency in circulation faster than the amount of available goods
and services increases.
There are actually two types of inflation, price and currency
inflation. Price inflation is often a result of normal market forces
and conditions. Currency inflation, however, is caused by
manipulating the currency supply. Price inflation can exist
without currency inflation, but currency inflation will always
cause price inflation (although the price inflation can be masked).
Inflated currency tends to bid up prices. However, currency
inflation can exist without noticeable price increases...
PRICE VS.
CURRENCY INFLATION
HTTP://NESARA.ORG/FAQS/INFLATION_AND_THE_NATIONAL_DEBT.HTM#WHATISANDWHATCAUSESINFLATION
Sunday, April 21, 13

7. The “Hopeful Years:”
1924-1929
Dawes Plan (1924)
Treaty of Locarno (1925)
Kellog-Briand Pact (1928)
Sunday, April 21, 13

8. Black Tuesday
Sunday, April 21, 13

9. Sunday, April 21, 13