[immadashell]

"The Germans announce they are re-introducing the Deutschmark. They have already ordered the new currency and asked that the printers hurry up."

What's the process? Do the Germans replace the fiat German Euros with fiat Deutschmarks? If so, who sets the exchange rate and what is it based on? This could be a stealth devaluation.

[mo]

Here’s a rate already

http://coinmill.com/DEM_EUR.html#DEM=1