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So that would mean english Million = Million, and English Billion = German Milliarden! Enlil Ninlil 04:49, 24 June 2006 (UTC)
- Yes, you're right. See the reference to "long scale/short scale". I corrected the paragraph about the "present system" of naming large quantities. MikeZ 08:26, 2 August 2006 (UTC)
an error of 10 to the 9th power
I did not realize that the confusion I put in milliard and clicked on search. The first result said in French milliard means 1000. Clearly this could lead to an error of 1000 million times! If this is discused somewhere in Wikipedia, more cross references are needed. I was not aware of milliard until I read the articles and discusions about billion and the disabiguation of billion Ccpoodle 04:26, 22 April 2007 (UTC)
The title should definitely by "German papiermark"
I know that Germans like to capitalize all nouns but this is English and the names of currencies are definitely not capitalized except at the start of a sentence, e.g. U.S. dollar, British pound, Eurozone euro.
I'll change the title once I figure out how.
Are there any good pictures of the currency??
Smallbones 14:23, 9 June 2007 (UTC)
- Please note that German Rentenmark and German Reichsmark all use capitals in the article name. A general discussion of this matter some time ago lead to the use of the names without capitals in the article titles but this has since been changed unilaterally. If you move this article, please move the others to maintain consistency. Also, please note that the capitalized form must be used in text.
Dove1950 11:26, 11 June 2007 (UTC)
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200, 2000, 2E8 and 2E9 Papiermark
Government printing banknotes? - Contradictions
How could the government print banknotes to pay it's war debt?
- They were supposed to pay in gold or in a currency on the gold standard which the papiermark was not.
- The Reichsbank who held the power to print money was a privately owned central bank.
The war debts were bonds issued mainly to German people during the war. The gold was required for reparations, not war debt. The Reichsbank power to print money was non-exclusive. The Treasury Notes, loan fund notes and a few privileged banks could also issue paper currency. Private speculators could short-sell the currency too. 18.104.22.168 (talk) 00:55, 15 November 2011 (UTC)
Could you all please stop mixing up long and short scale numbers? And keep in mind that the banknotes during the hyperinflation do not show lots of zeroes, but indeed the words "Milliarde" and "Billion"? It is all explained in the article, so please keep it consistent - as well internally as with what's actually printed on the banknotes.
There was a time every single number was explained. Why was it deleted?
The confusion won't be less if the article uses exclusively the american short scale, and now someone who knows about long and short scale misreads american trillions as german ones, e.g. then he reads there was a 100 trillion Mark banknote and interprets it as "100 Trillionen". — Preceding unsigned comment added by Caballito (talk • contribs) 16:10, 3 December 2011 (UTC)
Wheelbarrows of cash
A fellow who lived through the German hyperinflation told me the wheelbarrows of cash is a fallacy. Old cash was sold by weight for fuel, but no one would bother to count a wheelbarrow of cash, much less accept it. If a merchant accepted wheelbarrows of cash, what would he do with tons of cash at the end of the day? Randall Bart Talk 03:02, 23 April 2015 (UTC)