For educated Europeans, the word “reparations” brings to mind the enormous burden placed on Germany by France and Britain after World War I to compensate them for four years of ruin. The result was to destroy Germany’s economy, causing inflation that in the early 1920s required literally wheelbarrows of paper money to buy a mere postage stamp. The high …
Keep reading with a 7-day free trial
Subscribe to John’s Newsletter to keep reading this post and get 7 days of free access to the full post archives.