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Opening of Rentenbank

Opening of Rentenbank


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Opening of Rentenbank

Opening of the Rentenbank in Oranien Street, Berlin. The crowd wait for the issue of the new currency, the Rentenmark, aimed at stemming hyper inflation

Mary Evans Picture Library makes available wonderful images created for people to enjoy over the centuries

Media ID 623452

© Mary Evans Picture Library 2015 - https://copyrighthub.org/s0/hub1/creation/maryevans/MaryEvansPictureID/10063074

Aimed Berlin Currency Inflation Issue Opening Wait 1923 Hyper


EDITORS COMMENTS
This print captures a pivotal moment in history - the opening of Rentenbank in Oranien Street, Berlin, in November 1923. The crowd is gathered eagerly, awaiting the issue of the new currency, the Rentenmark, which was aimed at stemming hyperinflation that had plagued Germany. The atmosphere on the street is tense yet hopeful as people anxiously wait for this significant event to unfold. The Rentenbank's opening symbolizes a turning point in German history, marking a shift towards stability and economic recovery after years of financial turmoil. As we gaze upon this historical image, we are transported back to a time of uncertainty and hardship but also resilience and determination. The faces in the crowd reflect a mix of emotions - anticipation, relief, and perhaps even skepticism about what lies ahead. Through this photograph from Mary Evans Picture Library/WEIMA, we are reminded of the power of collective action and innovation in times of crisis. The Rentenmark may have been just a piece of paper to some, but to many Germans at that momentous occasion, it represented hope for a brighter future.

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