Wednesday, January 7, 2009

The German Paper Mark 'Currency'

German Papiermark 
From Wikipedia, the free encyclopedia

The name Papiermark (English: paper mark) is applied to the German currency from the point in 1914 when the link between the Mark and gold was abandoned, due to the outbreak of the First World War. In particular, the name is used for the banknotes issued during the hyperinflation in Germany of 1922 and especially 1923, which was a result of the Germans’ decision to pay their war debt by printing banknotes.

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