A 1917 poster by
Lucian Bernhard intended to sell
war bonds in Germany. The caption, roughly translated, is "This is how your money helps you fight! Turned into submarines, it keeps enemy shells away! That's why you should subscribe to war bonds!" Mostly excluded from international financial markets during
World War I, Germany was largely limited to domestic borrowing. The bond drives proved extremely successful, raising approximately 100 billion
marks in funds.
Poster: Lucian Bernhard; restoration: Bellhalla