Definitions for reichsbank
re·ichs·bank

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1. Reichsbank

   The Reichsbank was the central bank of Germany from 1876 until 1945. It was founded on 1 January 1876 (shortly after the establishment of the German Empire in 1871). The Reichsbank was a privately owned central bank of Prussia, under close control by the Reich government. Its first president was Hermann von Dechend. Before unification in 1871, Germany had 31 central banks – the Notenbanken (note banks). Each of the independent states issued their own money. In 1870, a law was passed that forbade the formation of further central banks. In 1874, a draft banking law was introduced in the Reichstag (the German parliament). After several changes and compromises, the law was passed in 1875. Despite the creation of the Reichsbank, however, four of the Notenbanken – Baden, Bavaria, Saxony and Württemberg – continued to exist until 1914. The history of the Reichsbank was volatile. Until World War I it produced a very stable currency called the Goldmark. The expenses of the war caused inflationary pressure and the mark started to decrease in value. The defeat of imperial Germany in 1918, the economic burden caused by the payment of war reparations to the Allies, and the social unrest in the early years culminated in the German hyperinflation of 1922–23. The mark, formerly backed by gold, evolved into the Papiermark (paper mark), backed by nothing. Economic reforms, such as the issue of a new provisional currency – the Rentenmark – and the 1924 Dawes Plan, stabilised German monetary development and thus the economic outlook of the Weimar Republic. One of the key reforms caused by the Dawes Plan was the establishment of the Reichsbank as an institution independent of the Reich government. On 30 August 1924, the Reichsbank began issuing the Reichsmark, which served as the German currency until 1948.

How to pronounce reichsbank?

1. Alex

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How to say reichsbank in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of reichsbank in Chaldean Numerology is: 2

2. Pythagorean Numerology

   The numerical value of reichsbank in Pythagorean Numerology is: 9

Examples of reichsbank in a Sentence

1. Edgar Ring:

   It was either someone who worked at the Reichsbank and had access, which means it could have only been someone who was there in an official role, or somebody who took advantage of the situation when the coins were being transported.

2. Adam Tooze:

   ...in practice the Reichsbank and the Reich Ministry of Economic Affairs had no intention of allowing the radical activists of the SA, the shopfloor militants of the Nazi party or Gauleiter commissioners to dictate the course of events. Under the slogan of “the strong state”, the ministerial bureaucracy fashioned a new national structure of economic regulation.

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References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Reichsbank