Yes, I'm familiar with the historical episode often referred to as **Frederick the Great's "Coin Fraud"** or **"Coin Debasement"** (Münzverschlechterung in German). It's a significant event in 18th-century economic history, tied to Prussia's desperate financial situation during the **Seven Years' War (1756–1763)**. Here's a breakdown:
### What Happened?
1. **War Exhaustion**: By the late 1750s, Prussia was financially drained after years of fighting a coalition (Austria, France, Russia, Sweden, Saxony). Frederick needed vast sums to keep his army operational.
2. **Debasement Strategy**: Instead of counterfeiting *other* nations' coins (a common wartime practice), Frederick ordered the **mass production of debased Prussian coins**.
- **Key Currency**: The Reichsthaler (standard silver coin).
- **Method**: New coins were minted with **significantly reduced silver conten…
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Martin Döhring
09. Juni 2022
Tja, wenn die EZB so weitermacht mit der €-Inflation dann wird es wahrscheinlich in Deutschland bald wieder die D-Mark geben, als gesetzliches Zahlungsmittel.
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Martin Döhring
08. Juni 2022
Aktuell ist bei uns der Euro gültiges Zahlungsmittel, vorher war es die D-Mark.
Yes, I'm familiar with the historical episode often referred to as **Frederick the Great's "Coin Fraud"** or **"Coin Debasement"** (Münzverschlechterung in German). It's a significant event in 18th-century economic history, tied to Prussia's desperate financial situation during the **Seven Years' War (1756–1763)**. Here's a breakdown:
### What Happened?
1. **War Exhaustion**: By the late 1750s, Prussia was financially drained after years of fighting a coalition (Austria, France, Russia, Sweden, Saxony). Frederick needed vast sums to keep his army operational.
2. **Debasement Strategy**: Instead of counterfeiting *other* nations' coins (a common wartime practice), Frederick ordered the **mass production of debased Prussian coins**.
- **Key Currency**: The Reichsthaler (standard silver coin).
- **Method**: New coins were minted with **significantly reduced silver conten…
Tja, wenn die EZB so weitermacht mit der €-Inflation dann wird es wahrscheinlich in Deutschland bald wieder die D-Mark geben, als gesetzliches Zahlungsmittel.
Aktuell ist bei uns der Euro gültiges Zahlungsmittel, vorher war es die D-Mark.