Edward A. Tenenbaum and the Deutschmark

by Carl-Ludwig Holtfrerich

German industry had survived Allied bombing largely unscathed. Currency reform was necessary to provide incentives for capital owners and labor to produce. The abundance of old Reichsmarks had to be curtailed to a scarce supply of Deutschmarks that users would expect to retain value. It was Edward A. Tenenbaum, currency expert of US military government in Berlin since 1946, who managed the exceptionally successful currency reform in West Germany 1948,...

• Format: Hardcover
• Language: English
• ISBN: 1009492810
• ISBN13: 9781009492812
• Release Date: October 2024
• Publisher: Cambridge University Press
• Length: 794 Pages
• Weight: 2.93 lbs.
• Dimensions: 1.9" x 6.0" x 9.0"