Exports from Germany to the nations it owed exceeded what could be produced by their economy, resulting in hyperinflation. Hence why they needed wheel barrows of money.
This is a historical fact that changed the west’s views on war reparations and resulted in the conclusion that nation building was a requirement of post war efforts (for stabilities sake).
WW1 is regarded as a major cause of WW2. It wasn’t a case of “The Great Depression happened then Germany decided to have a World War”.… No, the poverty hit them particularly hard and whenever there’s an external drain on manufacturing that outstrips the ability of a market to keep up, you always get hyperinflation.
Likewise there are other precedents for this in Zimbabwe’s hyperinflation and Venezuelas:
So no, it’s not “Nazi propaganda”. It’s why rebuilding after war is more prioritized, and why war reparations aren’t as much anymore. We saw how that went in Germany.
Exports from Germany to the nations it owed exceeded what could be produced by their economy, resulting in hyperinflation. Hence why they needed wheel barrows of money.
This is a historical fact that changed the west’s views on war reparations and resulted in the conclusion that nation building was a requirement of post war efforts (for stabilities sake).
WW1 is regarded as a major cause of WW2. It wasn’t a case of “The Great Depression happened then Germany decided to have a World War”.… No, the poverty hit them particularly hard and whenever there’s an external drain on manufacturing that outstrips the ability of a market to keep up, you always get hyperinflation.
Likewise there are other precedents for this in Zimbabwe’s hyperinflation and Venezuelas:
https://www.youtube.com/watch?v=1U7t47toB5E
So no, it’s not “Nazi propaganda”. It’s why rebuilding after war is more prioritized, and why war reparations aren’t as much anymore. We saw how that went in Germany.