> Post-WWI Germany had to pay war reparations denominated in deutschmarks. About 10 years later Germany got into a situation of hyperinflation. This essentially

> Post-WWI Germany had to pay war reparations denominated in deutschmarks. About 10 years later Germany got into a situation of hyperinflation. This essentially wiped out any outstanding reparations. The reparations were the cause of the hyperinflation, as they were required to be paid not in German currency, so they printed lots of currency to exchange for the required hard currencies on the markets, at ever-increasing rates. Of course this did nothing to wipe out outstanding reparations. https://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_Republic https://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_R...