In the summer of 1948, amid the rubble of postwar Germany, an unassuming piece of paper quietly helped redraw the map of Europe. This was the East German Deutsche Mark, issued by the newly formed Deutsche Notenbank under Soviet supervision. It was more than a currency—it was a political boundary in printed form. The end of World War II left Germany in ruins—economically, socially, and politically. With the Nazi regime defeated, the country was carved into four occupation zones by the victorious Allies: the United States, Britain, France, and the Soviet Union. In the years that followed, tensions between East and West hardened into open ideological rivalry. Nowhere was this more visible than in the realm of currency. On June 20, 1948, the Western Allies introduced the Deutsche Mark (commonly called the West Mark) in their zones to replace the worthless Reichsmark. The Soviets, excluded from this decision, responded within days. They introduced their own version of the Deutsche Mark for...
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