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Reichsmark

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Reichsmark
The currency of Germany between 1924 and 1948. It was issued following the hyperinflation that crippled Germany in the early 1920s. It was pegged to gold. During World War II, the government set exchange rates between the Reichsmark and other Axis powers, as well as the occupied territories. In 1948, it was replaced by the Deutschemark in West Germany and the Ostmark in East Germany.
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Whereas the Nazi version of the Beetle's origins is that Hitler came up with the idea of a "People's Car," a car that would both cost less than 1,000 Reichsmark and simultaneously carry up to five people across the country at speeds of up to 100 kilometers per hour.
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Under Article 231 of the Versailles Treaty, Germany had to pay the allies 226bn Reichsmarks in gold - around $750bn in today's money - enraging the German people and eventually helping the advent of Adolf Hitler.
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Under the infamous Article 231 of the Versailles Treaty, Germany was required to pay the allies 226 billion Reichsmarks in gold - around $750 billion in today's money - enraging the German people and eventually helping the accession to power of Adolf Hitler.
Al Maliki is walking a tightrope by Gulf News (United Arab Emirates)
 
 
 
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