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Naother instnace of historic revisionism.

To quote Wikipedia:

the total sum due was decided by an Inter-Allied Reparations Commission and was set at 269 billion gold marks (the equivalent of around 100,000 tonnes of pure gold). This 100,000 tonnes of gold is equivalent to more than 50% of all the gold ever mined in history (est. 165000 tonnes) which was clearly not within the means of the Germans to pay. Consequently their only way of paying back the debt was in devalued Gold Marks which ultimately led to the hyperinflation;

The treaty of Frankfurt mandated 5 billion francs, to my knowledge the gold equivalent of 4.5 billion gold marks.

So there is a factor of about 50 between them.

by cris0 on Sat Feb 18th, 2012 at 08:34:41 AM EST
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