Regardless of the analogy was, I thought of it and i repeated it over and over. German bitterness over these honour clauses was almost common. Upon learning of the complete terms of the treaty, the German provisional authorities in Weimar was thrown into upheaval. Gold is "backed by nothing" while dollars are backed by authorities! As the stock of dollars held by central banks outdoors the United States rose and the U.S. Central banks may convert dollars into gold, and they did, especially in t...
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