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jun 20, 1948 - Creation of Central Bank/Deutschmark

Description:

When the Deutschmark was introduced, every resident of Western Germany received the equivalent of 40 Deutschmark. This was done without the Soviet government's knowledge. It is believed that this was one of main causes to the Berlin Blockade.

Added to timeline:

ByMC
18 Feb 2018
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Date:

jun 20, 1948
Now
~ 77 years ago