Another condition in the Versailles Treaty was that Germany had to pay 132 billion gold marks ( $33 billion) to the allies. Germany had spent so much money on warfare that the only way they would be able to pay off the debt was is they printed huge amounts of money. This lead to inflation. The inflation affected the Germans very badly. One mark became less and less worth as more and more money got printed. This was especially bad for those who had saved up money for years, because within a short period of time, the money was worth nothing. Also for workers who got paid by the hour, the money they had earned was no longer worth anything at the end of the day, because the worth of money decreased so fast. For example, in the fall of 1923, a loaf of bread cost 200,000,000,000 marks. In addition to that, the Kaiser during WWI, sold war bonds instead rather than increasing taxes. This lead to Germany having an even higher debt to pay off. With the Dawes plan, Germany could loan money from the U.S. This money was used on the German infrastructure. This was in ways good for Germany, because the infrastructure got improved, however it was also bad because it made Germany dependent on the american economy. If the american economy went bad, it had consequences for Germany as well. The Dawes plan continued until the Great Depression in America broke out.