Versailles, FranceAllied Leaders Meet to Create the Treaty of Versailles in 1919
Allies: Pay us the money you owe us! (for the damage caused by the war)
Germany: We can't afford to pay! Click To EditWe dont have the money to pay! Help Insert ParagraphUndoes the last commandRedoes the last commandTabUntabSet a bold styleSet a italic styleSet a underline styleSet a strikethrough styleClean a styleSet left alignSet center alignSet right alignSet full alignToggle unordered listToggle ordered listOutdent on current paragraphIndent on current paragraphChange current block's format as a paragraph(P tag)Change current block's format as H1Change current block's format as H2Change current block's format as H3Change current block's format as H4Change current block's format as H5Change current block's format as H6Insert horizontal rulelinkDialog.show Summernote 0.8.11 · Project · Issues
American Bankers & Government in the 1920's: Sure, we will give you a loan. In exchange for it, you must allow us to do business in our country and pay it off in full in the future.
Germany 1920's: Could we possibly borrow some money? We will pay you back.
German Farmer: Sure, that will be $1.20
German Citizen: Could I buy a loaf of bread?
German Government:Ah! In order to pay off these loans, we should just print more money!
American Bankers & Gov: We need you to pay your loans NOW!!!!!!
October 29, 1929U.S. Stock Market Crashes
German Farmer: Sure, because of inflation, that will be $100,000,000,000