Industry WIKI

On the founding of the German Empire in 1871, trade and transport was hampered by the existence of eight different currency systems across the various member states of the Empire. There were eight state currencies whose coins included the Thaler, Vereinsthaler, Konventionsthaler, Kreuzer, Heller, Groschen, Silbergroschen, Neugroschen, Gulden, Konventionsgulden, Schilling, Mark, Pfennig,

A Mefo bill (sometimes written as MEFO bill; German: Mefo-Wechsel) was a six-month promissory note, drawn upon the dummy company Metallurgische Forschungsgesellschaft ('Metallurgical Research Corporation'), devised by the German Central Bank President, Hjalmar Schacht, in 1934. These bills could be discounted by any German bank at any time, and these banks, in turn, could rediscount the

The Wära was a demurrage currency used in Germany that was introduced in 1926 as a free economy experiment. It was introduced by Hans Timm and Helmut Rödiger, who were followers of Silvio Gesell. The Wära is comparable to current models of local currencies.