He did make the interesting point that Germany, then on the Deutschemark, also corrected upward and did not suffer what Japan did.

FORBES: Summers and Economic Fluctuations

If the Deutschemark were still around, traders would have been piling into it just like they have been piling into the Swiss franc.

BBC: Time to buy euros?

Europol officials say that gangs of counterfeiters are already planning to use Kosovo and Montenegro, which will switch from the Deutschemark to the euro, to flood the market with fake notes.

BBC: Mini-states gear up for euro

At this historic meeting, the finance ministers of France, West Germany, Japan, the United States, and the United Kingdom signed the Plaza Accord in which they all agreed to depreciate the U.S. dollar in relation to the Japanese yen and German deutschemark by intervening in currency markets.

FORBES: China and the Looming Currency Showdown in Seoul