 The hyperinflation started subsiding immediately after the departure of the German occupation forces, but inflation rates took several years before they fell below 50%.The Treaty of Trianon and political instability between 1919 and 1924 led to a major inflation of Hungary's currency.In 1921, in an attempt to stop this inflation, the national assembly of Hungary passed the Hegedűs reforms, including a 20% levy on bank deposits, but this precipitated a mistrust of banks by the public, especially the peasants, and resulted in a reduction in savings, and thus an increase in the amount of currency in circulation.