German Mark currency reform

GPTKB entity

Statements (26)
Predicate Object
gptkbp:instance_of gptkb:political_reforms
gptkbp:context post-World War II Germany
gptkbp:country gptkb:Germany
gptkbp:currency gptkb:Reichsmark
gptkb:Deutsche_Mark
DM
fiat currency
gptkbp:date June 20, 1948
gptkbp:economic_impact stabilization of economy
gptkbp:effect_on_trade boosted international trade
gptkbp:followed_by economic reforms in West Germany
gptkbp:goal combat inflation
gptkbp:government gptkb:Allied_occupation_authorities
gptkbp:historical_context Cold War era
https://www.w3.org/2000/01/rdf-schema#label German Mark currency reform
gptkbp:influenced_by gptkb:Marshall_Plan
gptkbp:is_implemented_in gptkb:Ludwig_Erhard
gptkb:West_Germany
gptkbp:led_to increased consumer spending
gptkbp:public_reaction initially mixed
gptkbp:resulted_in introduction of free market economy
gptkbp:significance foundation for West Germany's economic miracle
gptkbp:successor gptkb:Euro
gptkbp:year 1948
gptkbp:bfsParent gptkb:Rudolf_Havenstein
gptkbp:bfsLayer 7