I've been reading a few books on WWI, and right now I'm almost done with Peacemakers, by Margaret McMillan. She does point out that the Allies put a lot of thought and energy about how big the indemnity for Germany should be, and in whether or not they could pay it. But I don't recall specific discusison of inflation.
Was economic theory advanced enough at the time that German hyperinflation was a predicted consequence? Did the Allies think the Germans would try to go that route to pay off the debt?
Germany hyperinflation was not a consequence of the Treaty of Versailles, it was a consequence of German government responses to it, and their attempts to avoid paying reparations.
Perhaps the Allies were oddly optimistic in expecting the Germans not to try and do everything to avoid obligations that had no real enforcement mechanism.
Hi, I can't answer your question directly but I did just make a post yesterday in which I contend the concept that the Treaty was the primary cause of the hyperinflation. In your case, contending that German hyperinflation was solely a consequence of the treaty. However don't take this as a replacement of your main question! With that said you would learn quite a lot about this topic by starting with one of the sources I linked in my post -- Sally Marks' The Myths of Reparations. It's available on JSTOR and it's really the defining work on this subject.