 The resolution of the crisis is attributed to Władysław Grabski, who became prime minister of Poland in December 1923.Having nominated an all-new government and being granted extraordinary lawmaking powers by the Sejm for a period of six months, he introduced a new currency, established a new national bank and scrapped the inflation tax, which took place throughout 1924.The economic crisis in Poland in the 1980s was accompanied by rising inflation when new money was printed to cover a budget deficit.