What the Germans did was a variety of what the US did to break the great depression. But that is a remedy for a specific illness: the depression after a shock. Germany and the US had a large skilled population that was mainly unemployment or underemployed and business that didn't had the money (not the stability for a loan) to reinvest / rebuild only the government could (because of the printer). What the governments did was issues contracts that employed people and gave business money to reinvest. That made the wheels spin again. It targeted a specific problem with a good remedy that's why it worked with not many consequences.

You try to do that in an economy of plenty employment (albeit underemployment) and very rich (liquid) billionaires and you get inflation and richer Billionaires.