TV interview with Volker Wieland on the anniversary of the Bank deutscher Länder (Hessenschau)

On March 1, 1948, the Bank deutscher Länder was founded by the Allies in Frankfurt. "A large volume of money had accumulated over the war," says Prof. Volker Wieland on the 75th anniversary of the Deutsche Bundesbank's predecessor institution, describing the situation before the currency reform in June 1948.

"Later, similar to today, the Bundesbank faced major challenges during the oil crisis in the 1970s in the face of high energy prices." "As the only central bank in the G7 countries, the Bundesbank managed to prevent inflation rates from reaching double digits," Wieland said.

Hessenschau: "Bundesbank-Vorgängerin: 75 Jahre Bank deutscher Länder"