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Introduction of the Deutschmark

The Western Allies introduced a new currency into Germany. The intention of the currency was to counteract the weak Reichsmark which was suffering from hyperinflation leaving Germans starving and thus reduce black market trade. The introduction of the currency angered the Soviet government who reacted to it by launching the Berlin blockade. Previous attempts to solve currency problems in Germany had failed as a result of Soviet sabotage through the printing of huge amounts of money. The Deutschmark remained the West German (and German after reunification) currency until Germany switched to the Euro in 2002.