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0 St. 42 Min, 18 Jan 1871 Jahr - Currency reform

Beschreibung:

-The replacement of the currency of the different German Lander by one system of coinage, backed by gold, had the effect of injecting 762 million Marks into the German economy. This caused mild inflation, making it easier for entrepreneurs to borrow money (credit) to invest in industry.

Zugefügt zum Band der Zeit:

Germany 1871 - 1991

Byisaac
1 Mon. zuvor
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0
203

Datum:

0 St. 42 Min, 18 Jan 1871 Jahr
Jetzt
~ 154 years ago
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