0 ore 42 min, 18 gen 1871 anni - Currency reform

Descrizione:

-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.

Aggiunto al nastro di tempo:

Data: