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> Germany was forced to pay war reparations. Those were denominated in deutschmarks. This is not true. Reparations had to be paid in Goldmarks, foreign currenc
by brazzy 5y ago
> Germany was forced to pay war reparations. Those were denominated in deutschmarks.
This is not true. Reparations had to be paid in Goldmarks, foreign currencies, and commodities. But inflation was used to meet the state's other expenses, including paper mark-denominated war bonds.