Sandy Ingram
Germany's currency, the Deutsche Mark, began to significantly increase in value in 1948...however, the real boost to the Deutsche Mark's value and purchasing power came in the following decade, during the 1950s, as West Germany experienced the Wirtschasftswunder or economic miracle.
The Deutsche Mark's strength was tied to West Germany's rapid industrial recovery, strong export performance, and prudent monetary policies. By the mid-1950s, the Deutsche Mark was considered one of the most stable and valuable currencies globally...
However there is something else that Germany did that Iraq has not accomplished. Germany disconnected from anything and everything concerning WWII or the previous German leader...The German people showed a remarkable and consistent desire to assimilate with the world. Iraq has not shown this level of commitment as a whole.
