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Weren't reparations specified in Gold marks to specifically address concerns of inflating away the debt?
by greedo 7y ago
Weren't reparations specified in Gold marks to specifically address concerns of inflating away the debt?
- NeedMoreTea 7y agoThey were specified in gold value, but payment was accepted in gold, cash, commodities, stock and bonds, and even manufactured goods I think. I think cash was only restricted fairly late on in the reparation payments - mid 1920s at a guess, i.e. after the hyperinflation.