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In November 1978, only 11 months into his term, the dollar had fallen nearly 34% against the German mark and almost 42% against the Japanese yen, prompting the Carter administration to launch a "dollar rescue package" including emergency sales from the U.S. gold stock, borrowing from the International Monetary Fund, and auctions of Treasury securities denominated in foreign currencies.
In 1989 he changed for a transfer fee of 50,000 German Mark together with his Pforzheim colleague Eberhard Carl to the Bundesliga club Karlsruher SC.