President Wilson’s approach towards the defeated Central Powers after World War I was to not punish them too harshly, since he knew this would only cause dangerous resentment. He did not get his wish, however.
Axis I guess also couldn’t you just google it
The govt. did not, A. Raise and extend the income tax.
This would a horrible and useless idea, not to mention rationing was started, so money would be useless in purchasing items.
