One of the mysteries of the English language finally explained.
- short for Deutschmark
- ‘The German papers wanted Becker as the poster boy for a resurgent fatherland, awash in D-marks and on the threshold of reunification.’
- ‘The European Monetary System exerted some discipline over inflation rates, by the very fact that countries linked their exchange rates to the D-mark.’
- ‘Remarkably, his countrymen, who had seen him swap valuable D-marks for worthless Ostmarks in 1990, accepted his decision with barely a murmur of dissent.’
- ‘Finally until its abolition in the late 1990s, the D-mark consistently held the trust of the global foreign exchange markets.’
- ‘‘Europe’, whatever it may mean, was ‘a good thing’ - therefore we had to tie the Pound to the D-mark, at the wrong price.’
- ‘Germany is the only eurozone country where the national currency ceased to be legal tender at midnight on December 31, although most shops accepted D-marks and returned change in euro.’
- ‘The introduction of the D-mark, which involved a vigorous reduction in the money supply after the massively inflationary over-production of the wartime era, utterly transformed daily life.’
- ‘‘I comfort myself that the good things in the D-mark will continue in the euro,’ said the bank chief.’
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