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But wasn't that economic crisis in a large part caused by the reparations Germany had to pay, as specified in the peace treaty?
by m_developer 9y ago
But wasn't that economic crisis in a large part caused by the reparations Germany had to pay, as specified in the peace treaty?
- nickik 9y agoNo not really. If anything one could argue that Germany was not willing to devaluate because it would increase debt. However it would have still been smart to do. Both the hyperinflation and the great depression did not happen because of war payments, maybe one could argue the german political class did stupid things because of the treaty.