Tag Archives: Reichsbank

june memories / 21

NOTHING NEW UNDER THE SUN (ALMOST) 21st June, 1923 : President of the German Central Bank, the Reichsbank, Dr Rudolf Haverstein, today described Germany’s financial situation as “most desperate”. Since June 1 the mark has lost nearly half its remaining … Continue reading

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8/remember?

NOTHING NEW UNDER THE SUN (ALMOST) 8th August, 1924 : Following the $200 million Dawes Loan to Germany earlier this year and the restructuring of German reparation payments to the Allies, the Berlin authorities have taken further steps to boost … Continue reading

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