Inflation: DMG prints own money

Date:
26 October - 2 November 1923
Description:
On account of rampant inflation, DMG is forced to issue its own money in order to make further financial transactions possible. Other companies as well as various public authorities also issue their own emergency currency during this period. The introduction of the Rentenmark on 20 November finally puts an end to inflation.

Pictures2

Daimler paper emergency currency of 1923. During the rampant inflation of the 1920s, Daimler-Motoren-Gesellschaft, like many companies, was forced to issue its own money.

Daimler paper emergency currency of 1923. During the rampant inflation of the 1920s, Daimler-Motoren-Gesellschaft, like many companies, was forced to issue its own money.