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Basically, what happened is that the reparations payments after W.W.I were so onerous that the German government could not keep up with it - so it started printing money.  Notice that it was actual printing of money, paper money, not providing electronic money through banks as borrowed money.  As more and more of the money got into circulation in the economy, it became worth less and less.  The reparations payments had to be made in hard money, but the German currency became soft money, which meant that the more an attempt was made to pay the reparations payments in hard money, the more the soft currency actually used day-to-day in the German economy depreciated, resulting in a hyperinflation in the German economy itself. 

This is not what is happening in modern America - and what happened in Zimbabwe (where they also literally printed money) is also not happening in modern America. 

If you want to know more details about what happened in Germany, read the Wikipedia article "Hyperinflation in the Weimar Republic". 

If you want to know more details about what happened in Zimbabwe, read the Wikipedia article "Hyperinflation in Zimbabwe".

If you want to know more about hyperinflations in general, read the Wikipedia article "Hyperinflation".  Please note the levels of inflation that it talks about as being commensurate with hyperinflation.  And if you want to read about plenty of individual examples of hyperinflation, you will find them there.