Austrian Reconstruction and the Collapse of Global Finance, 1921-1931In 1921 Austria became the first interwar European country to experience hyperinflation. The League of Nations, among other actors, stepped in to help reconstruct the economy, but a decade later Austria's largest bank, Credit Anstalt, collapsed. Historians have correlated these events with the banking and currency crisis that destabilized interwar Europe a narrative that relies on the claim that Austria and the global monetary system were the victims