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In this video Heimler walks you through the economic depression that struck the world from 1918-1939. As a result of provisions in the Treaty of Versailles Germany slid into an extreme case of hyperinflation. And because they couldn't pay their reparations, Britain and France struggled to repay their war debts as well. Russian people suffered starvation under the newly formed Bolshevik government. And the United States entered the Great Depression after the stock market crash of 1929.

What's common to all of these scenarios is that governments stepped in to address these economic woes. From Roosevelt's New Deal to Lenin's New Economic Plan, government intervention in the economy became the norm.

If you have any questions, leave them below and Heimler will answer forthwithly.

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