Blunders of History

I recently had the opportunity to speak with a history teacher, and learned some facets of history that I had not known. I believe that knowing more about history, gives a better understanding of current events by putting them in context. Knowing how history builds upon itself and often repeats itself, can give insight into why things are the way they are today, and possibly how to avoid major mistakes by those in power.

The following is a short lesson of History that I put together after my discussion. It is fascinating to me, and reminds me of how economic tensions can lead to war, kind of like what is happening today with terrorists vs. the developed world.

The way the end of WWI was handled, was perhaps one of the biggest blunders of geo-political foreign policy in history. As you will see, it set the stage for some of the saddest and most tragic events the world has seen.

Hyper Inflation in Germany right after WWI was largely the result of printing too much money in an attempt to pay reparations to England and France. US production was ramped up in anticipation of England and France's purchasing of US goods with these reparation funds, which never came. This led to surplus production in the U.S. and largely brought about the Great Depression. The great depression was essentially, a matter of too many goods being chased by too few customers or dollars. FDR's new deal made sense in that spending state monies helped sop up excess production.

The seeds of WWII were planted by how things were handled at the end of WWI.

England and France's insistence that Germany pay reparations for WWI, kept Germany's economy in a devastated state and general morale among its people low. This allowed a strong man, namely Hitler, to come to power with his message of Germany being worthy and destined to for greatness. He argued to the German people that they were not deserving of being treated so poorly by the rest of the world. And the rest is tragic History.

Learn more about this author, Matthew Vossler.
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