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Inflation - relative value of Reichmark over time
I've been pondering over the relative value of the Reichmark over time, in relation to aircraft sales. I've seen an example of when an aircraft was offered for sale before the war broke out for a certain price, and then several years in to the war, the same aircraft type - now second hand - was sold to German allies for a higher price than the aircraft was offered for before the war.
This could indicate that the RM suffered from Inflation and that the price asked for in 1944 was in reality lower than the asking price pre-outbreak of the war. Has anyone seen a chart of how the value of the RM developed from 1933 to 1945, and possibly in relation to other currencies, like USD or £?
Another explanation for the difference in price could be that RLM subsidised aircraft sales before the war to get much needed foreign currency and that during the war they took advantage of their allies desperate need for equipment and charged as much money as they could.
What are your thoughts?
Best wishes
/Mikael Olrog
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