Understanding Keynesian Economics: Demand and Stabilization

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1. 12 July 2026 · corrected by Emir Baycan

   132 billion gold marks figure dates from the 1921 London Schedule, after the 1919 book

   Before

   The book argued that the reparations of 132 billion gold marks being imposed on Germany were economically unworkable because Germany lacked the trade surplus necessary to service them...

   After

   The book argued that the open-ended reparations being imposed on Germany were economically unworkable because Germany lacked the trade surplus necessary to service them...

   Why: Verified fix is fully applied: body text correctly reads 'open-ended reparations' with no specific 132-billion-gold-marks figure (that figure postdates the 1919 book). Bibliography section has no mention of the figure. FAQ field decoded cleanly (ops: base64,json,base64,json, 7 entries) refers only generally to 'punitive reparations' / 'the reparations demanded' with no specific figure. No further changes needed.

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