What are your thoughts on the Wirtschaftswunde, or the Third Reich's economic miracle?

But it is efficient for them to vilify the regime.

What do you think about some of the policies under the NS regime? I hear that it is chalked up between the state and the companies, some mixed economy when it calls for it. Is that the ideal system of operation?

Ezra Pound:

What does this mean? Isn't Ezra a Jewish name?

It took total war by 2 billion to defeat 70 million.

Do the math.

That's also my point, these people are analyzing a ship's capability to float during the fiercest storm without giving it the benefit of the doubt. I wonder, certainly nothing to do with the hasbara, certainly no narrative or lobby pushing this with absolutely no vested interests…

Listen to it and Pound was criminally institutionalised forcibly by Rosenfeldt's Jew goons. Usura = usury. He was 100% pommie,

Huge amounts of money was lent to the Bolsheviks. Germany resisted technology driven artificial need opting for need driven technology. Their synthetic fuel research was a big problem for the early rumblings of Bretton Woods and the dollar as WRC with oil pegged to it.

Interesting, thanks.

He was an Amerikan but of pure pommie blood.

What is ozura ?

Usura = Usury.

Here is a movie made in France 1943 and financed by the Reich. Writer was imprisoned and producer and director were sentenced to death.

by who?

The "good guys". I wonder what they were so incensed about to the point of homicide?

MEFO was a dummy company that was formed with relatively small amounts of capital that was used to finance German rearmament off the books. It issued bills without backing by its own resources but which were guaranteed redeemable at 1:1 for Reichsmarks for five years by the government. The MEFO bills amounts were considered a state secret and were an important element in the impression that Hitlerian economics was a success. This company essentially created a large amount of Reichsmarks off the books, inflating the currency in secret. Payment was about to come due giving Hitler the option of shifting the German economy to export goods to pay the bills or going to war and paying the debts off from looting profits extracted from conquered states.

archive.is/7NsCR

The beginning of the war resulted in a British blockade which seriously restricted German access to world markets. Petroleum, sugar, coffee, chocolate and cotton were all extremely scarce. Germany used coal gasification to replace petroleum imports to a limited extent, and relied on Romanian oilfields at Ploiesti. Germany was dependent on Sweden for the majority of their iron ore production, and relied on Spain and Portugal to provide tungsten. Switzerland continued to trade with Germany, and was very useful as a friendly neutral to Germany. Until the declaration of war of the Soviet Union, the Third Reich received massive supplies of grain and raw materials from the USSR, which they paid for with industrial machinery, weapons and they even sold German designs for a battleship. This economic dependence on the Soviet Union was exemplified when in spring 1940 the Soviet Union asked for two chemical plants as compensation for raw materials. The Germans declined after intervention of the military.

archive.is/zdnZf

The German–Soviet Border and Commercial Agreement, signed on January 10, 1941, was a broad agreement settling border disputes and continuing raw materials and war machine trade between the Soviet Union and Nazi Germany.

archive.is/LKqwU

Between January 1940 and date of the German invasion the total Soviet export to the Germany estimated at 597.9 million Reichsmarks. The German deliveries accounted as 437.1 million Reichsmarks.[1]

The agreements continued Nazi–Soviet economic relations and resulted in the delivery of large amounts of raw materials to Germany, including over 900,000 tons of oil, 1,600,000 tons of grain and 140,000 tons of manganese ore.

The Soviet Union received the incomplete Admiral Hipper-class naval cruiser Lützow, the plans to the battleship Bismarck, information on German naval testing, "complete machinery for a large destroyer", heavy naval guns other naval gear and samples of thirty of Germany's latest warplanes, including the Bf 109 fighters, Bf 110 fighters, Ju 88 and Do 215 bombers.[2][3][4] The Soviet Union also received oil and electric equipment, locomotives, turbines, generators, diesel engines, ships, machine tools and samples of Germany artillery, tanks, explosives, chemical-warfare equipment and other items.[2]

The German war effort against the Soviet Union was partially supported by raw materials that Germany had obtained from the Soviets through the 1940 Commercial Agreement. In particular, the German stocks of rubber and grain would have been insufficient to support the initial invasion of the USSR if the Soviets had not exported these products to Germany earlier.

archive.is/yBVQx

Oh hey, it's the lolberg pasta that shows up everytime someone wants to know about jew-free economics.

If you followed even your own links you'd know that the MEFO bills were used for re-armament in 1935, after the economic problems had been mostly solved and if you knew history, you know that the Weimar republic started re-arming a year or two before Hitler came to power. It's pretty strange that didn't fix the economy in the same way the MEFO bills "did" as you allege.

As for the rest, Hitler cut out the banking middleman for international trade and just did simple barter. It's also well-known that they and USSR were dependant on eachother because they alternated between futile attempts to set up an anti-(((capitalist))) front and planning to invade eachother.

ihr.org/other/economyhitler2011.html

Interesting, thanks for the response.

I did not know of this, either. That flies in the face of the other narrative, then. Thanks for the info.

Nazi gold (German: Raubgold, "stolen gold") is the rumored gold allegedly transferred by Nazi Germany to overseas banks during World War II. The regime is believed to have executed a policy of looting the assets of its victims to finance the war, collecting the looted assets in central depositories. The occasional transfer of gold in return for currency took place in collusion with many individual collaborative institutions. The precise identities of those institutions, as well as the exact extent of the transactions, remain unclear.

archive.is/sbaGi

Nazi plunder refers to art theft and other items stolen as a result of the organized looting of European countries during the time of the Third Reich by agents acting on behalf of the ruling Nazi Party of Germany. Plundering occurred from 1933 until the end of World War II, particularly by military units known as the Kunstschutz, although most plunder was acquired during the war. In addition to gold, silver and currency, cultural items of great significance were stolen, including paintings, ceramics, books, and religious treasures. Although most of these items were recovered by agents of the Monuments, Fine Arts, and Archives program (MFAA), affectionately referred to as the Monuments Men, on behalf of the Allies immediately following the war, many are still missing

archive.is/6mllf

Much has been written about World War II, and yet there are some stories that haven’t been told when it comes to the Nazi war strategy: Adolf Hitler’s war machine would have collapsed if Germany hadn’t financed it with some of the biggest gold heists in history.

According to George M. Taber, author of Chasing Gold: The Incredible Story of How the Nazis Stole Europe’s Bullion, what Hitler looted from several countries would be worth $19 billion today. Taber, a former business editor of Time magazine and founder of the weekly newspaper NJBIZ, recently talked with [email protected]/* */ about Hitler’s epic theft of sovereign and private gold to finance his imperialistic ambitions.

archive.is/eC7mD

archive.is/5Y6cJ

Among the chaos of the collapse of Hitler’s empire in April 1945 the biggest heist in history took place. Gold bars, jewels and stolen foreign currency with an estimated worth of $3.34 billion vanished from the Reichsbank vaults, in Germany.

archive.is/SRHVH

Banking With Hitler (Full Length) British

youtube.com/watch?v=veQfroRUWdM

Hi TRS.

Your pasta, straight from Wikipedia also states something else. If you read the rest of it, it states: Adolf Hitler was an unsuccessful artist who was denied admission to the Vienna Academy of Fine Arts. Nonetheless, he thought of himself as a connoisseur of the arts, and in Mein Kampf he ferociously attacked modern art as degenerate, including: Cubism; Futurism; and Dadaism; all of which he considered the product of a decadent twentieth century society. In 1933 when Hitler became Chancellor of Germany, he enforced his aesthetic ideal on the nation. The types of art that were favored amongst the Nazi party were classical portraits and landscapes by Old Masters, particularly those of Germanic origin. Modern art that did not match this was dubbed degenerate art by the Third Reich, and all that was found in Germany's state museums was to be sold or destroyed.[1] With the sums raised, the Führer's objective was to establish the European Art Museum in Linz. Other Nazi dignitaries, like Reichsmarschall Hermann Goering and Foreign Affairs minister von Ribbentrop, were also intent on taking advantage of German military conquests to increase their private art collections.

They wanted to create a thousand year Reich, which includes a German cultural aspect.

As for the gold theft, this, again, relates to the singling out of Germany as if they are the first to ever declare war on a nation. I enjoy how "allegedly, rumoured" means "fuck these wayciss bigots, they totally only did this". I am not surprised that they used funds from the nations they conquered. Are you upset that they conquered them? This is what war results in, they are not going to take it ass-first.

The irony being that I was against e-celeb shilling since the very start. I have posted extensively on the matter and despise kikes who want to sell their brand to anonymous forums.

More bullshit from the local Rabbi.

No shit, Germany "stole" gold. They annexed, mostly democratically, vast swathes of land and three entire states. Except the Polish General Government, those former states were integrated totally into the Reich and thus their gold became German by right, not just by reality. It's funny how the Soviet Union did the exact same thing and yet this is never mentioned.

Perfectly normal behaviour during a war, albeit supposedly Gauleiters closer to the front were corrupt. Most European national history museums are full of "plunder", but apart from whenever King Kwazi Wazi demands his golden stool back, no one passes any remarks on this.

"Adolf Hitler's war machine" didn't exist until 1943 and the Wehrmacht was only ready theoretically to the fight the war before it, not in material terms. The Polish, British and French armies were all better equipped (excepting the integration of radios) and the Germans won because of superior training, theory and , especially in France, the integration of the Luftwaffe's air support with the regular army. The "imperialistic ambitions" are obvious fantasies given Hitler offered a very generous settlement to the Poles before the war, and only planned for war against the Soviet Union sometime in the mid-40's, even then was occasionally hopeful about the possibility of an alliance.

No. this is made for this particulate topic.

You should have read all of information on that web page

archive.is/7NsCR

Deutsche Gesellschaft für öffentliche Arbeiten AG (English: German Society for Public Works AG), founded 1 August 1930, ended up issuing 1.26 billion Reichsmarks of Oeffa bills to finance public construction. It formed the baseline model for further ==fraudulent issues of bills==

tl;dr 3 reich printed money without collateral. When payment time came war started.

From 1938 to 1945 Hitler’s forces amassed a fortune in the name of the Third Reich. This wealth was not measured in hundreds of bars of stolen gold but thousands. The amount of gold stolen in this period remains the world’s biggest ever theft and is measured not just in millions of ounces or pounds – not even in Kilograms -but in tons of gold.

archive.is/cdI7n

No, he did not. Hitler (3 reich it is a country not one person) was expelled from international financial system. 3 reich did not have collateral for money that was printed. This is the reason for theft of gold.

It is pretty simple really. Just look at US bonds and US $. same principle..lot of money (bonds) in circulation and no collateral. US stole iraqi gold….same principle

Isn't this the equivalent of "this one specific flare caused the powder to ignite, and no other flare could do its job"?
Again, this is not new. The Second World War was the largest military bout in the history of humanity, so large-scale events like this plunder also take place.
Sourcing Wikipedia "Black pride? Yup. Asian pride? Sure. White pride? Nope, we aren't biased though we are totally an encyclopedia" isn't a great start. It's just having a hissy fit that the NS regime did it, but they aren't the first to go to war and conquer territory.

Also, why did the Soviets declare war? What vested interest did they have in German alleged economic downfall?
Wasn't his biggest woe focused on the Treaty of Versailles and its consequences for Germany?

Do they not even train the Hasbarah in English anymore?

Off to an excellent start already.

When was this payment time exactly? Can you point at signs of economic decline starting around or when Germany's foreign policy became more belligerent with the annexation of the remainder of Czechoslovakia?

Right, an individual was expelled from the financial system. I suppose the entire state became his personal property at some point?

The US "stole" Iraqs gold to keep itself afloat when it has most of the Western worlds gold on its soil, under Federal control?

Whatever, it is not a topic.

Consequences of that is delivery of dolphin class submarines (nuclear capable) to israel.

archive.is/YqVrR

Also, US also stole gold from iraq (for example). There are others as you have pointed out.

It does not make it right. Also…submarines to israel.

What are you talking about?

Yeah they printed money and the economy recovered, once that happened they eased off because further printing would have been inflationary.

Well, you mentioned it. It has nothing to do with the topic I posted about.

This is a german lolberg propaganda angle. It's a real problem for them to admit that a country could actually revive their economy from a depression by printing money some they have this fantasy that WW2 was inevitable because Germany printed money and "the bill was due… dun dun dun…."

If you want to argue morals about plunder in war, you're right to do so, but it doesn't change the reality. Your own links paint the Western allies are good guys for doing exactly what the Germans did, and "you did X to me, so I can do X to me" morality isn't going to end anytime soon.

No, that's the consequences of the "shoah" for both parties. Israel probably bought those nuclear submarines at a reduced rate (because Holocaust) with defense subsidies it got from the US (because Holocaust).

I have given you a starting point to explore a subject. I do not think that I should do a research for you. You have questions ? Find answers to them and please share with us here like I did. I am in no means expert on the subject. Just sharing information.

Do your own research.

You should also do a research on subject.

Here, let me help you

Nixon Ends Convertibility of US Dollars to Gold and Announces Wage/Price Controls

archive.is/iNzCo

There were no regular controls over the American gold since the beginning of the 50’s. There were only some random checks. After the closure of the «gold window» in the early 70’s (suspension of gold for dollars convertibility), it was decided to audit the reserves. Some random audits were carried out between 1974 and 1986, and were suspended following pressure exerted by the Inspector General of the Department of Finance.

Doubts about the availability of the US gold reserves have been growing in the USA and other countries for the last 10-15 years.

archive.is/EI4zd

Ron paul wanted to audit the FED

archive.is/BYhJp

tl;dr US government claims that it has gold. There is no proof that US government has gold. Same thing was with 3 reich. Also, US government is stilling gold from other country’s.

But, research for your self. Listen to ron paul…he is better in explaining this particular subject.

You're moving the goalposts massively here.

Assuming that this
holds water, you shouldn't have any problem digging up negative economic data from the Third Reich.

Not asking you to do it for me, I was asking you for your input. You voluntarily provided it, then got flustered and berated me for your own voluntary input. I didn't ask you to come to my thread, you decided to post here.
You said: When payment time came war started.
I'm saying that this is a bit too specific, I don't think it was only because of this. There were many other factors to be considered.

No, they did not eased off. They were bankrupt. No country in the world would take reichmark. They did not have collateral for fiat currency they were printing. They (3 reich) started barter with CCCP because they could not buy anything on open markets. And CCCP needed technology. For example ural motorcycle is BMW technology.

Any country in the world can revive their economy from depression by printing money. Just look at the US. Problem starts when payment comes due And there is no gold…then you have country that is attacking other country’s for gold (and resources)

Newly disclosed emails show that Libya’s plan to create a gold-backed currency to compete with the euro and dollar was a motive for NATO’s intervention.

archive.is/YwmQo

No, they got it for free. Also, you are wrong on first point

...

I have no incentive to do a research for you. You have enough leads and you can follow them. If you wish…or do not…

As I have understood you want to know more about it. I know enough…

There are probably many other factors considered. Personally this is my understanding. I would be glad if you research the subject and share with us what have you found out. Maybe you will come to different conclusion.

Well, I suggest you read the Stalag translation of Mein Kampf. The guy was pretty upset with the Treaty above all else. The whole lebensraum was targeted at getting back German land.

These are two different things. Can you cite me something that shows that they were bankrupt? Define bankrupt, and show me how the Third Reich was bankrupt. Is Venezuela bankrupt? Are they in similar situations?

Oy vey goy, why won't take my (((economic))) proclamations on my word alone.

They didn't trade with it; they ended internal and external currency speculation; they didn't hold or take out foreign debt; that's an utterly meaningless statement.

What payments? When did they come due?

And they took down Saddam for the Yinon Plan and trying to trade his oil in Euro. Almost as though the real issue is trying to get away from global financial monopolies and not goldbugging or Keynesianism.

Evidence? They got it for free either way, considering "high tech Israel" is subsidised by US tax dollars.

How? Wasn't the theft of Iraq's gold "liberating" it from an evil tyrant, just like the Monument Men?

You have no incentive to provide actual data, but you're still here preaching something closer to a gospel than economics?

At least I've put something forward, and if you that certain about your position, then you could certainly criticise the data referenced here as perhaps unrepresentative or only a surface level appraisal.
ihr.org/other/economyhitler2011.html

Hitler was the man, you nerd. Before he did his thing, Germans were eating out of garbage pails and they needed a wheelbarrow full of banknotes to buy a loaf of bread.

they borrowed most of the money needed to rebuild from other countries (and from seizing jewish assets), but once up and running they had the most advanced manufacturing industry in the world, if they didn't put it all to work on their military and try to into empire europe would probably be a lot better off right now.

resources….3 reich was after resources. Gold, oil…

You do understand that Kuwait war was for resources ? Iraq war ? Afghanistan (hint, rear earth minerals)…

Well, technical term would be default

default = failure to fulfill an obligation, especially to repay a loan or appear in a court of law.

A sovereign default (/ˈsɒvᵊrᵻn dɪˈfɔːlt/)[n 1] is the failure or refusal of the government of a sovereign state to pay back its debt in full. Cessation of due payments (or receivables) may either be accompanied by formal declaration (repudiation) of a government not to pay (or only partially pay) its debts, or it may be unannounced…Since a sovereign government, by definition, controls its own affairs, it cannot be obliged to pay back its debt.[3] Nonetheless, governments may face severe pressure from lending countries. In a few extreme cases, a major creditor nation, before the establishment of the UN Charter Article 2 (4) prohibiting use of force by states, made threats of war or waged war against a debtor nation for failing to pay back debt to seize assets to enforce its creditor's rights. For example, Britain invaded Egypt in 1882. Other examples include the United States' "gunboat diplomacy" in Venezuela in the mid-1890s and the United States occupation of Haiti beginning in 1915…..Today a government which defaults may be widely excluded from further credit, some of its overseas assets may be seized;[4] and it may face political pressure from its own domestic bondholders to pay back its debt. Therefore, governments rarely default on the entire value of their debt. Instead, they often enter into negotiations with their bondholders to agree on a delay (debt restructuring) or partial reduction of their debt (a 'haircut or write-off').

archive.is/JSQGu

Why and When Do Countries Default? By Daniel Kurt | Updated September 6, 2014 — 9:00 PM EDT
Countries can, and periodically do, default on their debt. This happens when the government is either unable or unwilling to make good on its fiscal promises. Argentina, Russia and Pakistan are just a few of the governments that have defaulted over the past couple decades.

archive.is/WHvTa#selection-458.11-579.152

Default is different then bankruptcy. It could be said that 3 reich defaulted on thier debt (before WW2) and than after WW2 3 reich is bankrupt. I am using term bankrupt because there was liquidation and administration. Liquidation of assets and administration of state by foreign powers (US, UK, France and CCCP). Germany is still under occupation and every German chancellor has to sign a contract with occupying powers. This is a reason why this is more of bankruptcy then default.

bankruptcy is limited to individuals, and other forms of insolvency proceedings (such as liquidation and administration) are applied to companies.

archive.is/DLmpX

Anyway, you can read more about it here

archive.is/n5FMs

It's called war spoils.

Well, we agree then. There was no trading in reichmarkes. They were useless for international trade.

But 3 reich did trade in gold. Through Switzerland. You should watch documentary in my first post.

And after him germany was under occupation for ….well..it is still under occupation.

If you take a look at link you provided:

the Third Reich’s much more focused and comprehensive policies proved remarkably effective. Within three years unemployment was banished and Germany’s economy was flourishing. And while Roosevelt’s record in dealing with the Depression is pretty well known, the remarkable story of how Hitler tackled the crisis is not widely understood or appreciated.

I know that. And this is not subject of discussion. There is no dubt that people were employed and that industry was developing. And it was going better then in US. Also, technologically germany was very advanct. In multipule areas of resarch they were years (maybe even centurys) in front of other countrys

For the war. What causes wars? In this case, the translation points towards the treaty.

This is not the same as being bankrupt.

I understand the definition of defaulting. I asked you how they were bankrupt.
Define bankruptcy and source this claim.
How were they more bankrupt during the Weimar republic era? Equal to? Less poor/bankrupt/financially destitute?
Isn't this after the war? I asked how they were bankrupt not in the context after the war. If the US lost, they would be bankrupt, too. If they lost their land and everything in it, they would lose their wealth.

Question the holocaust and the jew will be outraged.

Advocate for National Socialist economics and the jew will be apoplectic with fury and terror.

I have noticed this, too. I cannot ask anything about anything without getting bombarded/threatened.

Resources that they tried very hard to supply themselves, within their borders, through synthetic rubber and oil plants.

Pretty questionable wording there, when Hitler defaulted on the massive debts that were created by the Versailles reparations being economically impossible to repay, thanks to their size and the export restrictions on Germany post-WW1, within three months of coming into office.

Assuming this description is accurate
topdocumentaryfilms.com/banking-with-hitler/
to the content, its just "global corporate fascism, Hitler was an illuminaughty puppet" level disinfo. You're better off posting the "evidence" directly or at least pointing out the relevant parts.

The "Wall Street financed Hitler" angle is at least technically correct, but it ignores how Hitler got foreign funding from elsewhere, including White and Red Russians. The aim of the funding was obviously to create a puppet out of him and to keep Stalins leash tight, but that didn't stop Judea from Declaring War on Germany when he came to power and pulled the country out of international finance.

It's fucking obvious to anyone with something resembling a brain why the NS party was so successful at fixing the country.

If you take a look at link you provided:

the Third Reich’s much more focused and comprehensive policies proved remarkably effective. Within three years unemployment was banished and Germany’s economy was flourishing. And while Roosevelt’s record in dealing with the Depression is pretty well known, the remarkable story of how Hitler tackled the crisis is not widely understood or appreciated.

I know that. And this is not subject of discussion. There is no dubt that people were employed and that industry was developing. And it was going better then in US. Also, technologically germany was very advanct. In multipule areas of resarch they were years (maybe even centurys) in front of other countrys

As I said in previous post..Germany did develop. Employment…rocket science…all that staff. It is not even subject of discussion.

The thing is…it was all build on printing fiat currency without collateral. It was a ponzi scheme if you want. Pyramid scheme.

Let me give you an example.

3 reich was selling 5DM stamp for pre order of Volkswagen Beetle. They never build them and buyers never got delivery. It was a ponzi scheme.. 3 reich did this in different occasions

The factory had only produced a handful of cars by the start of the war in 1939; the first volume-produced versions of the car's chassis were military vehicles, the Type 82 Kübelwagen (approximately 52,000 built) and the amphibious Type 166 Schwimmwagen (about 14,000 built).

archive.is/kLF0y

And, miraculously…they used factory for war effort. 3 reich new they are going to default. But they thought they will win the war a get the gold from other country’s and resources from lebensraum.

It did not work.

And, yes, other country’s through out history tried something like that (one version or another)

I do not think you are in any position to decide what the topic of discussion is, seeing as how I initiated the discussion by asking about the German economy. Sources that overtly state the economy "[flourished]" answer my query. It very much IS the topic at-hand.

Their economy improving/failing (i.e. what happened) is the question at-hand.

Wait, so people paid for cars, but they literally never even built them? Source? What were people driving, what occupied the Autobahn? So it was just an empty patch of asphalt?

Again, this is diminishing the actual cause for the war, the treaty of Versailles. You haven't sourced anything, Wikipedia is a blog for people to edit things, it is a collection of sources, not a direct link. At least tell us what number citation you want us to look at.

3 reich did not tell international banks to get fucked. 3 reich co operated with BIS throughout the WW2

you have documentary in my first post with detail explanation

Also, if you are interested in topic you can start reading here archive.is/yJ9P

Make your mind up, Rabbi.

Default on what? Domestic debt or a magical "hole" in their economy that the money printing created but six years of Germany growth and explosive growth in Austria couldn't ameliorate or fill?

And how was that going to work when they annexed nothing except Alsace-Lorraine and the Polish border strip? Even if you take some version of Generalplan Ost as fact, the idea that exclusive access to some oil in the Caucasus would somehow offset a domestic economic collapse or sustain a colonial administration in Belarus, the Ukraine and Russia modeled on the British Raj is pretty questionable.

Didn't you say that the Third Reich and the Soviets had to barter with one another because nobody else would trade with them? How can that be the case, while simultaneously having the Third Reich "not" get screwed by (((international finance)))?

tl;dr It was a ponzi scheme. It failed.

Here, this is web page of Volkswagen factory. Send them an email and ask them how many cars were build.

archive.is/CF6JA

it i debatable if treaty of Versailles of actual cause for war.

You can check data provided in wikipedia by your self with sources you find truthful…or whatever you will satisfy your curiosity

3 reich printed fiat currency without collateral to back it up I do not how I can explain this in simple terms. Maybe it would be better if you research topic by your self and come to your own conclusions.

Well, you should research it by your self. You should take my information with caution and research this topic by your self and come to your own conclusions. This is the best way for you to answer this questions.

Well, there was a world war. We cannot assess the capability of a ship's buoyancy during a fierce storm and claim nothing happened in the midst.

yourlogicalfallacyis.com/burden-of-proof

Read Mein Kampf. Read what he said prior to his ascent to power. Is that not the way to see? If he held concepts which fuelled this desire for war prior to other causes/concepts, it can be said that those pre-date the others.

Yes, I did

I also said they were trading in gold. Not reichmarks. Gold that 3 reich stole from other country’s..

I really do not know how to explain this in simpler terms.

And, I also said no one knows were that gold ended up. After Switzerland.

>yourlogicalfallacyis.com/burden-of-proof

It was your claim that autobahns were full of cars. Burden of proof is on you.

I did cite wikipedia that only few cars were made….

Things change…you are aware there is a second book that he wrote ?

Politicians lie…and sometimes things do not go the way people want them to go. Look at HRC for example…shit happens.

Two words: world war.

Well here in Australia we are closer to National Socialism than our government cares to admit and we have achieved a very good balance between capitalism with private enterprise and government owned utilities though that said of the last 15 years much of that has privatised in different degrees from state to state which has only impacted negatively.

I guess in the end it depends how much you want to contribute in taxes for it. From my understanding the tax the average citizen here pays is the same as the average tax in total that the average American citizen pays except we have socialised health care with optional private health coverage and many other governmental controlled coverages.

The one thing we don't do which is NatSoc is mandatory employment by the government if the private sector cannot cover all unemployment. We have become far too lenient with our welfare system and abuse of disability welfare payments and our government labour force (ie council workers) is now mostly contracted out when it should not be. If our governmental departments were more cost efficient then the governmental control we used to have through council labour hire and utility providing would still exist but alas unless we had a leader like Trump, that will never get fixed.

BIS seems to have operated on a policy of benevolent neutrality to all belligerents during the war, simply to seek profit and to continue to maintain cordial ties between major European central bank heads. It indeed handled transfers of gold and gold credits, like when Germany created the protectorate, but that's not proving your assertions of an economy founded on gold-theft. You'd need actual economic data showing what they traded through the Swiss connection, how much and why.

This is true. We would need actual economic data showing trade through switzerland between 3 reich and …….. ?

Do you have access to that data ?

To best of my knowledge this is not on wikipedia.

I wonder why… ?

What is this obsession with this? And? This is war, how old are you? War has no rules. I don't throw a hissy fit because the Germans lost, that is the war, period.
My query still stands, you admit that you claim the Germans/Soviets bartered, but you say that they didn't get screwed by (((international finance))). Why do you think they bartered? From your own sources, it was because the Germans were pariahs/boycotted.

No, your original claim is that they did not create any of the cars (only a few). It is on your shoulders to cite this. I put forth a query, not an assertion. I didn't say definitively that it was like an interstate highway, I put forth my doubts on your assertion because you didn't put any proof forward.
From: en.wikipedia.org/wiki/Volkswagen#1932.E2.80.931938:_People.27s_Car_project

And who is the [11]? It's the same Adam Tooze, certainly the unbiased and totally objective historian.

I still await evidence. Find how many people owned cars. It's on your shoulders, I asked and you answer.

That is never a good thing, a weak population is not a worthy population at all. Nice digits

Because there's nothing to explain. They defaulted on foreign debts and printed money to finance public works programmes, industrial subsidies and personal and business tax cuts; money printing didn't destroy the economy because they didn't use it to finance the economy, and they let natural growth take it from there. That's literally it.

You haven't backed up a single thing you've said. The burden of proof is on you to provide actual economic figures to back up your arguments.

Feel free to quote from the Zweites Buch then.

Source
thedailybell.com/editorials/bis-trading-with-the-enemy-the-whole-story/

Because banks love to be opaque, for "business reasons". That doesn't mean you couldn't discern the data from shortages of consumer, industrial or military goods which would show up on German data.

Presumably, they used the connection to cover up any minor deficits in domestic production during the pursuit of autarky, like the well-known Swedish iron ore trade.

I agree and that is the problem with compulsory voting, both major parties try to kiss the arse of welfare bludgers as they must vote as well.

Yeah, I just went and read a bit on the history of Volkswagen, the reason commercial cars weren't sold is because the war broke out. I don't expect peacetime economy to proceed during a war. Again, these "historians" omit certain details to tarnish those that they dislike.

Feder had it right. NS should have banned all forms of Usury

Sadly Hitler didn't know enough about aconomics and didn't ban usury

Are you the same person? Your posts seem to follow one another. What do you mean usury wasn't banned, didn't loans not have interest issued on them?

federsgenius.wordpress.com/page/2/

Because Feder was the one to make the economic program or the Reich. But he got replaced by a crypto kike as minister of economy and the reich kept strong ties with stock exchange.

I don't think usury levels were equivalent before/after the Third Reich, given how vocal Hitler was of this manipulation, I don't think he'd just sit idly by.

...

Disappointed by the amount of pleb-tier comments ITT.

Read PRIMARY sources plebs.

hitler.org/speeches/12-10-40.html

Hitler lets the cat out of the bag here:

" To take another instance where we are condemned: They claim to be fighting for the maintenance of the gold standard as the currency basis. That I can well believe, for the gold is in their hands. We, too, once had gold, but it was stolen and extorted from us. When I came to power, it was not malice which made me abandon the gold standard. Germany simply had no gold left. Consequently, quitting the gold standard presented no difficulties, for it is always easy to part with what one does not have. We had no gold. We had no foreign exchange. They had all been stolen and extorted from us during the previous fifteen years. But, my fellow countrymen, I did not regret it, for we have constructed our economic system on a wholly different basis. In our eyes, gold is not of value in itself. It is only an agent by which nations can be suppressed and dominated.

When I took over the government, I had only one hope on which to build, namely, the efficiency and ability of the German nation and the German workingman; the intelligence of our inventors, engineers, technicians, chemists, and so forth. I built on the strength which animates our economic system. One simple question faced me: Are we to perish because we have no gold; am I to believe in a phantom which spells our destruction? I championed the opposite opinion: Even though we have no gold, we have capacity for work.

The German capacity for work is our gold and our capital, and with this gold I can compete successfully with any power in the world. We want to live in houses which have to be built. Hence, the workers must build them, and the raw materials required must be procured by work. My whole economic system has been built up on the conception of work. We have solved our problems while, amazingly enough, the capitalist countries and their currencies have suffered bankruptcy.

Sterling can find no market today. Throw it at any one and he will step aside to avoid being hit. But our Reichsmark, which is backed by no gold, has remained stable. Why? It has no gold cover; it is backed by you and by your work. You have helped me to keep the mark stable. German currency, with no gold coverage, is worth more today than gold itself. It signifies unceasing production. This we owe to the German farmer, who has worked from daybreak till nightfall. This we owe to the German worker, who has given us his whole strength. The whole problem has been solved in one instant, as if by magic."

Hitler took the money which was a unit of debt (created with interest via fractional reserve) and made it a unit of value by having the state issue it themselves. That's it. America can do the same by eliminating the Federal Reserve. Trump getting us out of the UN is bigly good and points to it being possible.

What payments? To whom were they due? Who must a state pay for the use of its own currency?

yes but the original plan was to remove all kikery.

What he did still worked tho

Nazi germany didn't use gold.

"For every mark issued, we required the
equivalent of a mark's worth of work done, or goods produced.

Under the National Socialists, Germany's money wasn't backed by gold (which was
owned by the international bankers). It was essentially a receipt for labor and materials
delivered to the government. Hitler said, "For every mark issued, we required the
equivalent of a mark's worth of work done, or goods produced." The government paid
workers in Certificates. Workers spent those Certificates on other goods and services,
thus creating more jobs for more people. In this way the German people climbed out of
the crushing debt imposed on them by the international bankers.

Within two years, the unemployment problem had been solved, and Germany was back
on its feet. It had a solid, stable currency, with no debt, and no inflation, at a time when
millions of people in the United States and other Western countries (controlled by
international bankers) were still out of work. Within five years, Germany went from the
poorest nation in Europe to the richest.

Germany even managed to restore foreign trade, despite the international bankers' denial
of foreign credit to Germany, and despite the global boycott by Jewish-owned industries.
Germany succeeded in this by exchanging equipment and commodities directly with
other countries, using a barter system that cut the bankers out of the picture. Germany
flourished, since barter eliminates national debt and trade deficits. (Venezuela does the
same thing today when it trades oil for commodities, plus medical help, and so on. Hence
the bankers are trying to squeeze Venezuela.)

Germany's economic freedom was short-lived; but it left several monuments, including
the famous Autobahn, the world's first extensive superhighway.

Hjalmar Schacht, a Rothschild agent who was temporarily head of the German central
bank, summed it up thus. . . An American banker had commented, "Dr. Schacht, you
should come to America. We've lots of money and that's real banking." Schacht replied,
"You should come to Berlin. We don't have money. That's real banking."

(Schact, the Rothschild agent, actually supported the private international bankers against
Germany, and was rewarded by having all charges against him dropped at the Nuremberg
trials.)

Due to who? When?

If a government runs a deficit financed via printing, when does it come due?

If they've done it via their own central bank purchasing bonds issued by the government what stops the central bank rolling that "debt" over or purchasing a million term year zero interest bond?

Any inflation caused by printing money would occur around the time when it was done, not years down the track.

You're not making any sense.

The Reichmark was "officially" on a gold standard; this was the goal. In practical terms the Third Reich implemented a silver standard because they didn't have that much gold.

You can find evidence for this in the Reichsgesetzblatt, the official publication of the German Reich from 1871 to 1945.

Münzgesetz RGBl. II 1924, p. 254–257 from the 30th of August in 1924:
alex.onb.ac. at/cgi-content/alex?aid=drb&datum=1924&page=280&size=45

revised RGBl. I 1934, p. 547–575 from the 5th of July in 1934:
alex.onb.ac. at/cgi-content/alex?aid=dra&datum=1934&page=688&size=45

I can't find any English translations. This is probably the reason why this thread is full of post-war propaganda and misinterpretations of Hitler.

*574-575

On the 26 May 1938, Hitler ceremoniously laid the cornerstone of the new factory, a huge event witnessed by an estimated 70,000 people and 150 reporters, all controlled by the Nazi propaganda machine. It was here that Hitler declared that the model would be known as the 'KdF-Wagen' or 'Strength through joy' wagen and the surrounding town that was built to support the factory would be known as the 'KdF-Stadt'. Hitler also introduced a savings scheme where the public could collect stamps that would eventually pay for the car.

From May 1938, some more pre-production cars were built and named the VW38 series. The bodies of these cars were still built by the Reutter coachbuilding company at an average of 2 bodies a week. Click to view photos of the 6th VW38 car, now restored.

Full Production was to start in September 1939 - which unfortunately turned out to be the same month that World War Two was declared. With the money diverted to the Nazi war effort, none of the thousands who had collected their stamps ever received their beetle.

archive.is/7mEMn

I consider this meter settled. You are welcomed to contact Volkswagen for detail information if you have any more questions.

I will quote:

economy

the wealth and resources of a country or region, especially in terms of the production and consumption of goods and services.

They did print money to finance economy. Work of workers was paid with printing of money. When you have lots of money in economy without means to extract it (export import) from country amount of money is inflated. Amount of money gets bigger and bigger….there is more and more money in circulation. If amount of money in circulation starts to rise then you have inflation.

inflation

the action of inflating something or the condition of being inflated.
a general increase in prices and fall in the purchasing value of money.

I will cite wikipedia now. For you who have objections (which I find reasonable) on citing wikipedia please find some other sources by your self. This is just for informative purposes.

While it could finance the whole war with inflation, the German government didn't want to repeat the mistakes of World War I - at least a part of the cost should be paid with higher taxes and similar measures. One major problem has been the supplying of small change, this was taken care of by the Rentenbank, whose notes have been well known to the public. Another issue was with the monetary needs in occupied territories. Areas, that were made part of the Reich - Poland, Alsace-Lorraine and Austria, had to use the Reichsmark as money. In other areas - Norway, Ukraine, the Baltic, Netherlands etc. - were issued Reichskreditkassenscheine (Reich's credit treasury notes) to pay the troops.[1]

The "RKK-scheine" were designed to place the entire burden of the occupation on the country in which they were issued and to prevent any indirect drain on German stocks or diversion of German production arising from an unrestricted filtering-back of notes into the Reich. In addition, it was anticipated that the influx of the notes into circulation would alleviate the temporary shortage of local currency resulting from panic hoarding and the exodus of refugees from the area. This proved to be the case, particularly in Poland and Belgium, where the central banks followed the established governments into exile and took the note supply with them.

read everything on link

archive.is/PIJJH

That is right. When ?

For example…US government runs deficit financed via printing. And waging war around world. When does it come due ?

They very clearly didn't, your own link admits that they stopped paying the general workers with money printing by 1935.

Assuming I take everything there at face value, they seem to have moved on to the MEFO bills creating a guarantee of remuneration for the armament spending that increased to about 30-40% of expenditure in 1935. In 1938 they issued similar instruments to the Wechsel to finance the integration of Austria and the Sudetenland into Germany and to stimulate the local economies there; finally in early 1939, they issued more state credits to (presumably) finance rapid rearmament within 1939.

The "RKK-scheine" was simply designed to make countries pay for their own occupation, and to prevent local economies from collapsing due to panic hoarding when German troops moved in. Germany doesn't seem have to gained any thing from it, except obviously a costless foreign occupation.

Assuming, again, that I take everything there at face value, like the MEFO bills, they used money printing backed by domestic debt to partially finance the war effort and used the already existent price and wages controls and new tax breaks to calibrate the economy around this. Presumably, they expected some kind of economic boom after they won, given the early planning of demobilization of the Wehrmacht, which allow would them to pay back the debts.

Lastly, it seems to say that the price-wage control scheme combined with money printing backed by bonds caused a decrease in supply - but it doesn't say what effect this had, what production actually decreased, the time period this happened in, or even provide evidence that the "production" fall wasn't just a wartime re-purposing of factories or even just a cut-off on trade.

There are some major problems with that however, that page is very poorly cited, relying on a single obscure German-only book with no excerpts or references available anywhere and making it impossible to tell what claims and data are backed up by "Die preisgestoppte Deutsche Inflation von 1936 bis 1948", and what just looks like it is, because it's sandwiched in between two properly cited paragraphs.

*for the armament spending that increased to about 30-40% of expenditure in 1936

and

presumably the domestic debt-based financing of re-armament through 1936 is what you're referring to when you talk about payment coming due, but the page doesn't even make any claims of when interest or the debt itself "came due". It does say that
and I've seen vague claims of "90-day loans" on other mises.org pages, but the way in which payments were made or deferred and even if the loans themselves even existed seems to have been a mystery to everyone making the claims.

Finally, there also seems to be a tendency there to focus on the issuing of the debt instruments and money printing without actually examining the effect this had on the civilian economy. i.e.
Austrias GDP grew by 25% in the two years after the Anschluss, so what happened to the treasury notes? Mises.org doesn't tell us and neither does Richard Gaettens, in what is quoted anyway. Was the economy set up for an implosion like the Great Depression, was the debt "paid off" with more debt, was the debt simply paid off by the growth of the economies and the stability/increase in domestic debt levels actually indicated an increase spending on armaments that covered up the temporary decline in the debt?

yes

yes.

archive.is/PIJJH

was the debt simply paid off by the growth of the economies and the stability/increase in domestic debt levels actually indicated an increase spending on armaments that covered up the temporary decline in the debt?

And expansion into new territory. One of the reason for war was expansion into new territory (poland, france…). 3 reich had their own money in circulation in this country’s after libaration. This helped with decline (spreading) of debt. Amount of money was smaller if it is distributed between more people (country’s).

Modern day example.

How the US sent $12bn in cash to Iraq. And watched it vanish

Special flights brought in tonnes of banknotes which disappeared into the war zone
An armed guard poses beside pallets of $100 bills in Baghdad. Almost $12bn in cash was spent by the US-led authority (pic related)
archive.is/cfe7y

If you have too much money in circulation (which was a case with 3 reich) you can send this money into liberated country’s. With that you are reducing amount of money in original country. And artificially creating demand for money. Also, there are other benefits…

No, at some point in time debts come for payment. You can postpone payment for some time but debts have to be paid at some time one way or another. This is the problem with fiat currency. From the beginning of fiat currency (rome) till now…and 3 reich. You can print more…and print..and print but it crashes at some moment.

Of course, it should be noted that some interests did have a hand in bringing monetary system of 3 reich down which is another subject.

It would be better if there was more data on the subject. And more research. For some reason there is not enough research on financial side of 3 reich. Most of research is done on concentration camps and that type of stuff. And almost none is done on economy or financial side as is obvious from level on knowledge on this topic from this board.

In case you didn't notice, I asked those questions exactly because that wiki page doesn't answer them. It says
and then shows a large increase in "treasury notes" with military expenditure between 1937/1938 and 1938/1939. What it doesn't show is the details of the debt itself, like a precise breakdown of the new 1939 treasury notes - whether Anschluss debt was rolled over into the new notes, which could prove the economics were unsustainable, or whether it was all new and the spike was solely due to serious polical events like the collapse of the Anglo-German naval agreement and obviously the annexation of Czechoslovakia.

The reason for the war was that Poland wouldn't give up a city that had already left it democratically. Hitler genuinely did have no more interest in territorial expansion and he had already abandoned "ancestral German lands" when it was politically expedient to do so, like when population exchanges were conducted between the German-Austrian and Italian Tirol.

You're missing the point. The question isn't if they were going to come due, it's when did they? The entire basis of the vampire economy argument is that the German economy was overheating, that there was insufficient supply of goods and somehow secret hyperinflation and that all of this could only be easily solved with external conquest. The obvious problem is that there isn't the data available to show any of that actually happened, which is why there's no evidence that either the debts "came due" in 1938/1939 or that there was a loss of confidence in the governments ability to pay back the debts at that time.

i was thinking how to answer this. We should go into world of finance. Bonds….it is kind of IOUs but just for a state. It is explained here www .youtube.com/watch?v=tGk5ioEXlIM and short version is…debt for a state never come due. Governments default on their obligations. 3 reich government defaulted at the moment is stopped paying reparations.

By late 1922, the German defaults on payments had grown so serious and regular that a crisis engulfed the Reparations Commission. French and Belgian delegates urged the seizure of the Ruhr to encourage the Germans to make more effort to pay, while the British supported postponing payments to facilitate the financial reconstruction of Germany.[54] On 26 December 1922, Germany defaulted on timber deliveries. The timber quota was based upon a German proposal and the default was massive.[Note 1] The Allies were unanimous that the default was in bad faith.

On 9 January 1923, the Reparation Commission declared Germany to be in default of her coal deliveries and voted to occupy the Ruhr to enforce the country's reparation commitments……..During 1931, a financial crisis began in Germany. In May, Creditanstalt—the largest bank in Austria—collapsed, sparking a banking crisis in Germany and Austria. In response, Brüning announced that Germany was suspending reparation payments. This resulted in a massive withdrawal of domestic and foreign funds from German banks. By mid-July, all German banks had closed.[77] Until this point, France's policy had been to provide Germany with financial support to help Brüning's Government stabilize the country. Brüning, now under considerable political pressure from the far-right and President Paul von Hindenburg, was unable to make any concessions or reverse policy. As a result, Brüning was unable to borrow money from foreign or domestic sources…….To help make reparations payments, Germany took out various loans during the 1920s. In 1933, following the cancellation of reparations, the new German Chancellor Adolf Hitler cancelled all payments. In June 1953, an agreement on this existing debt was reached with West Germany, which agreed to make symbolic token payments against the loans that had been defaulted on in the 1920s, but deferred some of the debt until West and East Germany were unified. In 1995, following reunification, Germany began making the final payments towards the loans. A final installment of US$94 million was made on 3 October 2010, settling German loan debts in regard to reparations

Important part ==In 1933, following the cancellation of reparations, the new German Chancellor Adolf Hitler cancelled all payments==

archive.is/VwfKA also, this archive.is/ctRLp

As you can see…germany defaulted…and after that hitler (and 3 reich) started to prepare for war. And if you take a look what did foreign powers asked from germany as compensation for WW1…it is not unreasonable to go to war under that type of deal. 3 reich could not made payments. This is the reason trading with CCCP started. But, there is also a question..where did gold end up ?

No, 3 reich overheated economy with the idea they will use overheated economy for war with powers that won WW1. Hitler (and NSDAP) knew they were going into war.

But there is evidence that Germany (3 reich ?) defaulted and stopped paying debt when NSDAP came to power.

(pic related)

Gottfried Feder was the one behind Hitler’s very strong anti-usury stance during his rise to power. But already in 1931 Hitler’s industrial backers wanted him to reign in Feder and he was completely sidelined in the aftermath of the night of the long knives.

Hjalmar Schacht, aristocrat, mason, top banker, who studied Hebrew to further his career and who was a close friend of Bank of England Chief Montague, became Reichsbank president, in charge of the economy. He solved the depression, which was caused by capital scarcity due to deflation, through the MEFO bills, that circulated between industry, banks and the Reichsbank. But he did not at all solve, or even address usury. Quite the opposite. He was the one who made sure it was business a usual for the banks.

archive.is/83afe

Are you implying that defaults on government debt are inevitable? Several major states that have never defaulted and a few gulf monarchies that have little to no debt because of oil money would disagree with you.

Why do you keep pushing this when it's completely false? Hitler defaulted on the reparations in 1933, and as your own sources state, defence spending did not begin to increase until 1935/1936 and didn't hit an explosive "war is inevitable" level until 1939/40.

Nobody had ever expected the Versailles reparations to be truly repaid because it was genuinely impossible. Germany had to loan money from pretty much the same people they were paying the reparations to so they could make the payments, and even that was dysfunctional.

There's a world of difference between Hitler totally defaulting on foreign payments in 1933 and being forced to go to war in 1939 for economic reasons, because of inflation or whatever else.

I'm not trying to take the position that the German government could have kept allowing debts to grow or even left them at the level they were at just before the war for an indefinite period of time. What I'm looking for is evidence of an economic pressure existing not long before the invasions of Poland or Czechoslovakia.

Is this what we've come to, brothers? Are we really getting raided by Mises institute yids samefagging some phoney debate about the efficacy of Third Reich policies as measured by shekels? How very Jewish, to frame all discussion and make all valuation in the context of units of currency. This Ayn Rand cultist never thought to ask what these things mean in terms of quality of life for the German people or to even fathom if fiscal policy should be about doing the right thing instead of optimizing numbers in a spreadsheet.

The US has $20T in debt. Common sense would call this bankruptcy. An astute man would ask how $20T ever came to exist in the first place. Yet, here we are. No mass famine. Roads haven't vanished. Shops are open.

Wealth comes from labor, raw material and the will and intelligence to use them. Currency is an accounting tool. Learn the difference.

So please, samefagging lolberg, go back to standing mouth agape pointing your finger at the debt clock.

When fiat money is not backed by gold (or some other thing) it is highly probable there is going to be a default. Expansion usually stops at some time.

Would you name this major states ?

First they started with job creation because of unemployment and then with defence spending. There was high unemployment at the time.

Öffa bills ("ö" is a Germanic umlaut that can be transcribed "oe") or job-creation bills were promissory notes created in 1932 by the German government. They were aimed at additional fund-raising for public building initiatives and later for job creation schemes. The Öffa bills were the blueprint for the Mefo bills which were designed following the same scheme. archive.is/6fNRs

A Mefo bill (sometimes written as MEFO bill), named after the company Metallurgische Forschungsgesellschaft (Metallurgical Research Corporation), was a promissory note used for a system of deferred payment to finance the German rearmament, devised as a legal fraud by the German Central Bank President, Hjalmar Schacht, in 1934. Mefo bills followed the scheme for which the Öffa bills were the blueprint. archive.is/7isR9

yes

Default in 1933 is a cause for economic reasons that developed in 1939. There was high amont of money (credit) in the system and export/import was restricted.

just look at the amount of money (credit) in the system at 1933 and 1939.

after 1940

During the 1940s, the German government organized its economy with one goal in mind: to win the war. As in the United States, the government made sure that all goods essential to the war were acquired by the government at a reduced cost. The prices of consumer goods were controlled in order to limit inflation, but the inevitable result was a black market in scarce consumer goods. Not only were price controls imposed upon goods, but price floors were introduced for stocks and bonds, preventing securities from declining in value. A bombed out factory isn’t worth as much as a fully functioning factory, and industry was run to aid the war effort, not to make profits. If markets had been left to themselves, stock prices would have declined as the tide of the war turned against the Nazis. Since prices didn’t reflect the values of the shares, stock markets froze and trading dwindled until it was almost non-existent. archive.is/hHjvZ

Even the Soviets far outclassed the Germans in terms of technical and numerical superiority
The only reason things didn't go tits up in '41 was that they caught the Soviets while the Soviets were still mobilizing for their planned spring offensive against Germany in '42

Several credit rating agencies around the world have downgraded their credit ratings of the U.S. federal government, including Standard & Poor's (S&P) which reduced the country's rating from AAA (outstanding) to AA+ (excellent) on August 5, 2011…..A credit rating is issued by a credit rating agency (CRA). A credit rating assigned to U.S. sovereign debt is an expression of how likely the assigning CRA thinks it is that the U.S. will pay back its debts. A credit rating assigned to U.S. sovereign debt also influences the interest rates the U.S. will have to pay on its debt; if its debt holders know the debt will be paid back, they do not have to price the chance of default into the interest rate. However, it should be noted that these ratings sometimes measure different things; for instance Moody's considers the expected value of the debt in the event of a default in addition to the probability of default. Some lenders also have contractual requirements only to hold debt above a certain credit rating. The U.S. government enjoys the highest credit rating ("AAA"/"Aaa") from two of the Big Three CRAs. The U.S. enjoyed the "gold standard" of triple-A ratings from all three agencies (Fitch, Moody's and S&P) from the time of their recognition as standards by the SEC until the S&P downgrade in early August 2011…….Two weeks after the August, 2011 S&P downgrade, SEC and Department of Justice announced that S&P was under investigation. Columnist Bob Sullivan of NBC News asked if "the ratings downgrade from Standard & Poor’s [could] be viewed as a shot back at a government that's been taking plenty of shots at the ratings industry lately."[37] And two years later in 2013, S&P "blasted a $5 billion fraud lawsuit by the U.S. government as retaliation for its 2011 decision to strip the country of its AAA credit rating.

archive.is/t7cMk

hint, nixon, gold standard, petro $
Yes

Record unemployment ?

wealth = an abundance of valuable possessions or money, the state of being rich; material prosperity.

currency = a system of money in general use in a particular country.

Learn the difference

(pic related)

UK, Denmark, USA, Austrialia, Canada, New Zealand, Thailand. Most of them haven't either haven't defaulted at all or since they left the gold standard. An exception is the UK defaulting on WW1 debts owed to the US soon after leaving the gold standard, not long before Hitler came to power.

Obviously they recovered the economy first and then began to gradually increase defence spending. But your mises.org source only shows an explosive growth of defence spending in 1938/1939, which precludes the theory of an plan for war when rearmament (that is, from the effects of Versailles) started - not to mention there is, as far as I know, absolutely no diplomatic or bureaucratic evidence of any kind of war planning set before the mid-1940s.

If you're going by the images you posted, I'm not seeing the problem.

The gold reserves bit is irrelevant without specific data showing the period from 1932 to 1939, as Hitler himself had said that Germany didn't have any problem getting away from gold when the Allied powers had already taken all of it - you're only proving his claim by showing a snapshot of gold reserves in 1935. As for the currency value, I don't see what you're trying to prove with it - if I'm reading it right, the RM got stronger and then stabilised against the dollar at least. Wouldn't the fact the currency value only continously changed against the pound show that the changes reflected foreign policy more than economics?

That whole section is unsourced, seems to relate "Nazi Economics" to the 1940s period only and doesn't comment on the years that preceded it, and even then can only show problems beginning in 1943. Even if you accept it all at face value, it's neither surprising nor relevant - I can't imagine that the US, UK or remnants of the Soviet Union would have been in any better of an economic situation had the USSR capitulated behind the Urals, and forcing the UK to make some sort of peace with Germany.

maybe i can contribute to this thread by posting a few links. tbh, i haven't checked most of the archived links here, maybe it was posted before. but to make sure, here is an interview with Guido Preparata about his book 'Conjuring Hitler'. A good read, imho.

atimes.com/atimes/Global_Economy/NF30Dj03.html

archive.is/b3aSd

the book (pdf): solargeneral.org/wp-content/uploads/library/conjuring-hitler.pdf

chapter 4 & 5 is about OP's question.

>A Mefo bill (sometimes written as MEFO bill), named after the company Metallurgische Forschungsgesellschaft (Metallurgical Research Corporation), was a promissory note used for a system of deferred payment to finance the German rearmament, devised as a legal fraud by the German Central Bank President, Hjalmar Schacht, in 1934. Mefo bills followed the scheme for which the Öffa bills were the blueprint. archive.is/7isR9
Fuck off with your Mefo-Bills. It's a hoax, they never existed, you idiot. Find me some evidence, how did they even look like? Billions were printed supposedly, so find me ONE SINGLE piece of this shit.

Did you even look into your linked wiki article? It uses exactly one source/reference as evidence and this source is, who would have thought, jewishvirtuallibrary. org…

Schacht lied after the war about the German economy, thus he got off lightly.

There is no legit info in existance that was published after the war.

1) For all the talk of "socialism" it was essentially just the Bismark policy of being friendly to business while ensuring that business is run in a nationalist manner(ie in the public interest) to keep down socialists and communists. There is a reason why 2.5 million people attended Krupp's funeral. He basically gave them free shit for being his workers and earned their loyalty. All the welfare state bullshit was taken care of freely by this man and in exchange the government was friendly with him. This is the same arrangement that kings have had with nobles for centuries, do good by your peasants so they are loyal and can be levied and I will do right by you. Krupp needed his workers and he needed government contracts so he acted like a good noble and supported his local community and his kingdom. The Natsoc policy was just further enforcing of this, thought he public works projects would have beggared Germany if that had gone on at that pace.

Actual socialism or even merely public works driven activity is completely unsustainable. And socialism destroys the glue of society by taking away interdependence. It steal from the nobles, the yeoman, and the peasants and gives to the shittiest villians. Socialism is trash.

2)The reason for the huge turn around in the german economy was due to the them renegotiating all their payments to the allies in a manner that they were essentially voided, and by that time the former allies had a great deal of sympathy for germany and felt the treaties were to harsh in hindsight. Popular opinion was with Germany to start with as well. So that weight was taken off them.

As for the Natsoc policty being "brilliant", no what it did do was stop the massive malinvestment. The kikes were running germany into the ground in the same manner they are running the US into the ground with malinvestment. If you eliminate the service economy, gut the fiance sector, and slapped huge tariffs on all goods the USA's GDP would drop like a stone but the functional wealth of the people would increase because money and human effort would no longer be wasted on shit nobody needs or on suffling money solely to earn kikes a few cents on the dollar.

All NS is in reality is the Bismark policy without a Kaiser and which has become jew-wise.

Which makes sense since that sort of thing is the inherent german character. If you make a fascist America it would tend to look like colonial America. People always revert to type when given the chance.