- n. alternative spelling of Deutsche Mark.
- n. formerly the basic unit of money in Germany
“So he too became convinced that a fixed exchange rate against the Deutschmark was the best way to give credibility to our determination to get inflation back down to German levels.”
“François Mitterrand, the late French president, was so nervous about the prospect of German unity in 1990 that he demanded that the German chancellor, Helmut Kohl, abandon the Deutschmark.”
“They even made a collage with a thousand Deutschmark note with Jahn's face stuck in the middle of it, telling the recipient that he had taken bribes from the Stasi in return for informing on his loved ones.”
“It may become in a few years time the Greater Deutschmark zone.”
“Firstly, the euro is undervalued relative to what the Deutschmark would be, which is why the exporters are doing well.”
“The euro exchange rate may be crippling Greece, Spain, Portugal, Italy and Ireland, but if Germany still had the old Deutschmark it would be trading maybe 30% higher, and Germany would be laying off workers, not recruiting them.”
“Targeting the Deutschmark and the exchange rate mechanism, and then membership of the ERM, did not work.”
“German bond yields would head below 1%, while southern European rates would head for 7% to 12%, and the new Spanish peseta, Portuguese escudo and Irish pound would devalue by 50% against the new Deutschmark.”
“Benga boasted his resourcefulness, bribed the smartest girls into doing his homework gave them Deutschmark, British Pounds, and crumpled Yen, tips he earned from holiday-goers promising them the moon, the stars, and enough cackling monkeys and roaring lions to feed an army.”
“Now, if there's a euro-skeptic, Germany-first tinge to these local currencies, or even some nostalgia for the good old days of the Deutschmark, most people here deny it.”
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