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Perhaps the best-known example of hyperinflation, though not the worst case, is that of Weimar Germany. In the period following the World War I, Germany suffered severe economic and political shocks, resulting in large part from the terms of the Treaty of Versailles that ended the war. The treaty required payment of reparations by the Germans through the Bank for International Settlements for the damage caused by the war to the victorious countries. The terms of these reparation payments made it practically impossible for Germany to meet the obligations, and indeed, the country failed to make the payments.
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