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The opposite was the truth in Germany where the currency didn’t have backing no real respect. It was a fiat currency like every currency your world today. The government was not able to make the instalments on its debts, the program just printed more profits. The result was an inflation that got out of control. The German Reich-mark was anything than play money – Just paper with ink on this particular. The government continually printed cash. The public, the savers became the big losers as a value of this currency dropped. Its value becoming less and fewer as the more was printed. The depression to come was a primary result on the inflation on the money resource.
