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Rentenmark
History of Germany
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| | 1923 | Stressman, Gustav | |
| 13th Aug Six days after the Munich putch a reform of the German currency takes place and the Rentenmark is introduced, this effectively ends inflation
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| 13th Aug Stresemann issues the Rentenmark, to halt the extreme hyperinflation crippling German society and the economy. It was successful because Stresemann refused to issue more currency, the cause of the inflationary spiral
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| 15th Nov Rentenmark issued; pegged to the Gold Standard; Rentenmark 4.2 = 1 US dollar; at this time
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