In the course of the currency reform in West Germany on June 21, 1948, the sum of new money issued to each citizen in the amount of 60 Deutsche Marks, for which 60 Reichsmarks had to be paid in payment; also called bounty. – See Currency reform.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
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