Alejandro Alvarez opened his post with an insult and claimed that German hyperinflation was controlled in 1923, ten years before Adolf Hitler came to power. He stated that that year, during the Weimar Republic and the government of Gustav Stresemann, Hjalmar Schacht played a key role in monetary stabilization and that the introduction of the Rentenmark in November ended uncontrolled issuance. He added that stabilization was consolidated in 1924 and the Dawes Plan was implemented to reorganize war reparations, and that Hitler was appointed Chancellor of Germany on January 30, 1933. #historia #Alemania #hiperinflación (translated)
