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History
See other History Articles

Title: Hitler's Monetary System
Source: Rense
URL Source: http://www.rense.com/general77/hitn.htm
Published: Jul 15, 2007
Author: Rense
Post Date: 2007-07-15 00:50:08 by robin
Keywords: None
Views: 1449
Comments: 85

Hitler's Monetary System 7-14-7

"We were not foolish enough to try to make a currency coverage of gold of which we had none, but for every mark that was issued we required the equivalent of a mark's worth of work done or goods produced. . . .we laugh at the time our national financiers held the view that the value of a currency is regulated by the gold and securities lying in the vaults of a state bank." -Adolf Hitler, 1937 (CC Veith, Citadels of Chaos, Meador, 1949.)

"And it proved sound. It worked. In less than ten years Germany became easily the most powerful state in Europe. It worked so magically and magnificently that it sounded the death knell of the entire (Zionist) Jewish money system. World Jewry knew that they had to destroy Hitler's system, by whatever means might prove necessary, or their own [system of usury] would necessarily die. And if it died, with it must die their dream and their hope of making themselves masters of the world. The primary issue over which World War II was fought was to determine which money system was to survive. At bottom it was not a war between Germany and the so-called allies. Primarily it was war to the death between Germany and the International Money Power." --William Gayley Simpson, 'Which Way Western Man' (p.642)

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#8. To: robin, all (#0)

I'm sorry, I don't know alot about this, but what about the insane amount of inflation they had?

wudidiz  posted on  2007-07-15   7:51:21 ET  Reply   Untrace   Trace   Private Reply  


#9. To: wudidiz (#8)

The insane inflation experienced in germany was in the 1920's. the NAZIs came to power in 1932. The NAZIs very quickly brought great prosperity to ordinary germans. The innovations they had in money creation were enormously successful.

another period in history where this same thing was done is in pre-1750 America. back then each colony created its own money from thin air. but it was the colony's government that did it, not a private bank. they would lend the money out for home-building and business-building. and then whoever borrowed the money had to pay it back, but paid it back without interest. In this way the Americans were able to build real prosperity & wealth for the people very quickly. It is this innovation that allowed the Americans to win the Revolutionary war. Just as the same type of innovation allowed germany to build itself up very quickly and do so well in the war as they did against so many opponents.

Red Jones  posted on  2007-07-15   8:28:05 ET  Reply   Untrace   Trace   Private Reply  


#20. To: Red Jones, robin (#9)

The insane inflation experienced in germany was in the 1920's. the NAZIs came to power in 1932. The NAZIs very quickly brought great prosperity to ordinary germans. The innovations they had in money creation were enormously successful.

This prosperity was due to the exertions of Dr. Schacht the German Finance Minister. After Hitler came to power, the world banks were trying to force their way in but Schacht kept them out.

In 1938 when Hitler was intent on using his armaments for aggressive war, Schacht refused to go along with it and was sacked. In 1943 Schacht was imprisoned on orders from Hitler.

After WW2, I was friends with Dr. Schachts Godson for many years. He had lived with Schacht during the 1920s and 1930s.

Cynicom  posted on  2007-07-15   9:37:43 ET  Reply   Untrace   Trace   Private Reply  


#21. To: Cynicom (#20)

After Hitler came to power, the world banks were trying to force their way in but Schacht kept them out.

In 1938 when Hitler was intent on using his armaments for aggressive war, Schacht refused to go along with it and was sacked. In 1943 Schacht was imprisoned on orders from Hitler.

He must have been a good man, Schacht.

robin  posted on  2007-07-15   9:40:51 ET  Reply   Untrace   Trace   Private Reply  


#23. To: robin (#21)

He must have been a good man, Schacht.

Indeed he was.

Dr. Schacht was the only one found not guilty at Nuremburg.

His Godson emigrated to the US after WW2.

Cynicom  posted on  2007-07-15   9:57:53 ET  Reply   Untrace   Trace   Private Reply  


#29. To: Cynicom (#23)

Papen was acquitted at Nuremberg. So was Hans Fritzsche.

Perhaps there were others who have slipped my mind.

aristeides  posted on  2007-07-15   10:48:45 ET  Reply   Untrace   Trace   Private Reply  


#30. To: aristeides (#29)

Papen was acquitted at Nuremberg. So was Hans Fritzsche.

True...However neither were major players as was Schacht.

No one ever understood why Papen and Fritzsche were ever charged.

"Hjalmar Schacht - Why Hjalmar Schacht was included in the list of defendants is unclear. In fact, the only charges brought against him were: contributing to Hitler's, and the Nazi Party's rise to power and promoting preparations for war. His dislike of the Versailles Treaty, his belief that the German military should once again be strong and his support of the Anschluss were well known, but these are hardly "war crimes." He was never in a position to exercise significant influence in any of the planning and preparation for war. Likewise, Schacht had never concealed his antisemitism and his agreement that Jews should be excluded from governmental and civil service positions"

Hjalmar Schacht was acquitted.

Cynicom  posted on  2007-07-15   10:57:44 ET  Reply   Untrace   Trace   Private Reply  


#31. To: Cynicom (#30)

Papen had been the object of anti-Nazi propaganda works like Devil in a Top Hat during the war. Fritzsche was a stand-in for the dead Goebbels.

As for Schacht, I suspect the Soviets insisted that he be tried. Their theory was that Nazism was hypercapitalism.

aristeides  posted on  2007-07-15   11:07:12 ET  Reply   Untrace   Trace   Private Reply  


#32. To: aristeides (#31)

As for Schacht, I suspect the Soviets insisted that he be tried.

After the war, much of what was written concerning Dr. Schacht was his "anti-semitism", when in reality his first confrontation with Hitler was because Schacht had several Jews in his Ministry.

Hitler demanded they be thrown out and Schacht refused, telling Hitler to his face that he was in charge of the Finance Ministry and as long as they did their jobs they would stay. Hitler never forgave him for that.

Cynicom  posted on  2007-07-15   11:18:53 ET  Reply   Untrace   Trace   Private Reply  


#34. To: Cynicom (#32)

Hitler demanded they be thrown out and Schacht refused, telling Hitler to his face that he was in charge of the Finance Ministry and as long as they did their jobs they would stay. Hitler never forgave him for that.

and I would say that you likely got that direct from your old friend who lived in Sschacht's house. That was likely not printed in any newspaper or book.

I'm not sympathetic to the NAZIs, but we should remember that the Germans had a lot of good people among them, and that what happened to germany was a horrible thing.

Red Jones  posted on  2007-07-15   11:39:06 ET  Reply   Untrace   Trace   Private Reply  


#40. To: Red Jones, Cynicom (#34)

Hitler demanded they be thrown out and Schacht refused, telling Hitler to his face that he was in charge of the Finance Ministry and as long as they did their jobs they would stay. Hitler never forgave him for that.

and I would say that you likely got that direct from your old friend who lived in Schacht's house. That was likely not printed in any newspaper or book.

Most interesting.

robin  posted on  2007-07-15   12:04:42 ET  Reply   Untrace   Trace   Private Reply  


#42. To: robin, Red Jones (#40)

Most interesting.

robin..

If I might digress, short story you and Red might find interesting and thought provoking...

During the waning months of the war the Gestapo was picking men up off the streets to put in uniform and sent to the Russian front. My friend was on his way to work , dragged off the street given a uniform, rifle and boots. There were about 150 of them waiting at the train station for cattle cars to take them East.

As they stood there waiting, a high ranking Gestapo officer came down the line, stopped in front of my friend, said my friends name as a question. He then told him he was free to go, turn in the uniform and leave.

My friend saw no one he knew there at the time, and after, no one came forward to say they had gotten him released. What intrigued him was the fact the Gestapo agent knew which man to pick out of the 150. He never knew who saved his life that day.

Cynicom  posted on  2007-07-15   12:27:33 ET  Reply   Untrace   Trace   Private Reply  


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