The new currency was backed by land that was used by businesses and agriculture, and was introduced at the rate of one Rentenmark to one trillion Papiermarks.
21st June 1919: The German High Seas naval fleet is scuttled at Scapa Flow
21st June 2019
On the 15th October 1923, the Rentenmark was introduced in Weimar Germany in an attempt to stop the hyperinflation crisis that had crippled the economy.
HistoryPod Extra: The Myth of Gavrilo Princip’s Sandwich
28th June 2015
11th November 1918: WW1 Armistice of Compiègne is signed
11th November 2020
11th November 1918: WW1 Armistice of Compiègne is signed
11th November 2020
9th November 1989: East Germany opens the Berlin Wall
9th November 2019