Banking on Deutsche Mark

Step into the world of German banking from the 1960s to the 1990s—a time of rebuilding, global reintegration, and economic transformation. In this episode of the Podcast, Matthias Kemmerer (Commerzbank) and Carmen Hofmann (eabh) unpack the fascinating story of how Germany’s financial sector evolved during the post-war Wirtschaftswunder . A banking system run by ‘Gentlemen’ and their agreements—was it a shield or a stepping stone toward an open economy? How did Germany balance national monetary sovereignty with global integration? Why did decision-makers choose NOT to make the Deutsche Mark a global reserve currency? Was protecting national capital markets from foreign investors the right move? This era laid the foundation for European integration, proving that monetary sovereignty is often the key to national power. But did Germany make the right calls? Tune in now to uncover the untold story of finance, strategy, and power. 🎧💡

You can listen to Banking on Deutsche Mark online on Radio and Podcast. Open the player on this page to stream the available audio.

Banking on Deutsche Mark is an episode from Finance & History by Carmen Hofmann.

This episode is 00:32:31 long.

This episode was published on Mar 4, 2025.

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