The Deutschmark ignites the crisis
1948 · Event
Without warning, the western zones replace the worthless Reichsmark with a new currency — the Deutschmark that will power the economic miracle. To Stalin it is the West building a separate German state on his doorstep; four days later, every road, rail line and canal into West Berlin is closed.
On these timelines: The Berlin Blockade, Germany, Cold War, Economic History, Master
More from The Berlin Blockade
- Berlin Airlift (1948)
- Stalin blockades West Berlin (1948)
- Stalin lifts the blockade (1949)
- The Basic Law founds West Germany (1949)
- The GDR is proclaimed (1949)
- The Easter Parade (1949)
- The Candy Bomber (1948)
Around 1948
- US Civil Rights Movement (1954)
- Indian independence and Partition (1947)
- Apartheid (1948)
- Cuban Revolutionary War (1953)
- Decolonisation of Africa (1952)
- The Holocaust (1941)
- Battle of Stalingrad (1942)
- Battle of Britain (1940)
- Chinese Civil War (resumed) (1945)
- Korean War (1950)