How Germany came into the trap of 'Hyper-Inflation' situation after World War II ? How were they saved ?

Explanation

• Germany had fought the war largely on loans and had to pay war reparation in gold.
•This depleted gold reserves at a time when resoures were scarce.
• In 1932, Germany refused to pay, and the French occupied its leading industrial area .Ruhr., to claim their coal.
• Germany retaliated with passive resistance and printed paper currency wrecklessly.
• With too much printed money in circulation, the value of the German mark fell.
• As the value of the mark collapsed, prices of goods soared.
• The image of the Germany carrying carloads of currency notes to buy a loaf of bread was widely publicised.
• This crisis came to be known as .hyper-inflation., a situation when prices rise phenomenally high.
•Eventually the Americans intervened and bailed Germany out of the crisis by introducing .The Dawes Plan. which reworked the terms of separation to ease the financial burden on Germany.