20 Nov 1923 Jahr - Hjalmar Schacht

Beschreibung:

this man was a president of a bank and he was the reason that Germany got out of hyperinflation with Stresemann appointing him to do the job with his banking background he came through with it as he changed the Rentenmark into the Reichsmark this new money in limited supply was in circulating through Germany's economy on 20th of November (1923) and it was heavily based upon the US dollar. which Stresemann didn't love as he said famously that Germany was dancing on a volcano that could erupt at any point

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