The period 1922-1925 of the Weimar Republic in Germany is one of the most interesting in all of philately. Because of WWI debt and reparations that Germany was required to pay under the Treaty of Versailles, Germany began to inflate its currency in the early 1920’s. The purpose of this was to make the debt and reparation payments more manageable as the debts were denominated in 1919 values and as the value of the German currency fell the effect of the debt on the German economy was to be lessened. Germany began to print money and inflation began.