20 million mark postage stamp

20 million mark postage stamp - 20 million Deutsches Reich Mark issued in 1923 during a period of hyper inflation: In January 1923 French and Belgian troops occupied the Ruhr, the industrial region of Germany in the Ruhr valley to ensure that the reparations were paid in goods, such as coal from the Ruhr and other industrial zones of Germany. Because the Mark was practically worthless, it became impossible for Germany to buy foreign exchange or gold using paper Marks. Instead, reparations were paid in goods. Inflation was exacerbated when workers in the Ruhr went on a general strike, and the German government printed more money in order to continue paying them for passively resisting...By November 1923, the American dollar was worth 4,210,500,000,000 German marks.

Keywords: germany, hyper inflation, hyperinflation, inflation, stamp

A Webdesk picture story. Category: Stamps

Technical details about this picture: This picture is by Yenra Photography. The camera shot with was a NIKON D600. The lens was AF-S VR Micro-Nikkor 105mm f/2.8G IF-ED. The camera profile used was Camera Vivid. The photo editing software to process this picture was Adobe Photoshop Lightroom 6.3 (Macintosh). The shutter speed for this pictures was 1/125. Film sensitivity was 400. Approximate focus distance was 0.42 meters. The bokeh perimeter was 0.030 mm.