Introduction of the Rentenmark

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• Lords of Finance whole source · open book

  And so, when the new currency was introduced on November 15, 1923, Germany found itself in the curious position of having two official currencies—the old Reichsmark and the new Rentenmark—circulating side by side, issued by two uniquely parallel central banks.

  chapter: 10. A BRIDGE BETWEEN CHAOS AND HOPE - Germany: 1923

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