- August 1923, Hyperinflation at worst.
- Cuno's coalition replaced by Stressemann.
- First coalition with parties from left and right.
- Coalition made up of DVP, Centre party, DDP and Socialists.
- 103 days for him to fix currency and hyperinflation.
- Took 3 steps.
1) END PASSIVE RESISTANCE IN RUHR:
- September, unpopular and risky move.
- Led to Munich putsch.
- Economy and inflation were out of control.
- Stopped paying workers who were on strike. Reduced Government expenditure.
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