[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Attack of the Dead-2025.

Canada strips Jewish National Fund of charitable status

Minnesota State Rep. Vang just admitted that she is an ILLEGAL ALIEN.

1100% increase in neurological events since the roll-out of Covid mRNA

16 Things That Everyone Needs To Know About Violent Far-Left Revolution In Los Angeles

Undercover video in Arizona alleges ongoing consumer fraud by Fairlife

Dozens arrested after San Francisco protest turns violent Sunday

Looking for the toughest badasses in the city (Los Angeles)

Democrat Civil War Explodes: DNC Chair Threatens to Quit Over David Hogg

Invaders waving Mexican flags, pour onto the 101 Freeway in Los Angeles

Australian Fake News Journo Hit By Rubber Bullet In L.A. Riot

22-year-old dies after being unable to afford asthma inhaler

North Korean Bulsae-4 Long-Range ATGM Spotted Again In Russian Operation Zone

Alexander Dugin: A real Maidan has begun in Los Angeles

State Department Weighing $500 Million Grant to Controversial Gaza Aid Group: Report

LA Mayor Karen Bass ordered LAPD to stand down, blocked aid to federal officers during riots.

Russia Has a Titanium Submarine That Can ‘Deep Dive’ 19,700 Feet

Shocking scene as DC preps for Tr*mp's military birthday parade.

Earth is being Pulled Apart by Crazy Space Weather! Volcanoes go NUTS as Plasma RUNS OUT

Gavin, feel free to use this as a campaign ad in 2028.

US To Formalize Military Presence in Syria in Deal With al-Qaeda-Linked Govt

GOP Rep Introduces Resolution Labeling Free Palestine Slogan as Anti-Semitism

Two-thirds of troops who left the military in 2023 were at risk for mental health conditions

UK and France abandon plans to recognise Palestinian state at conference

Kamala Backs LA Protests After Rioters Attack Federal Officers

Netanyahu's ultra-Orthodox partners move ahead with Knesset dissolution plan

Former Prime Minister of Ukraine: Zelensky will leave the country

Man protesting Paramount ICE raid added to FBI's Most Wanted

JUAN O SAVIN- The Plan to Capture America

US Manufacturing By State: Who Gains Most From 'Made In America'?


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: 1434
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)

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

Begin Trace Mode for Comment # 75.

#14. To: robin (#0)

The best book on the economy of Nazi Germany is the recent Wages of Destruction. Because of Hitler's big rearmament program, the Nazi government ran increasingly large deficits. Finally, it was obliged to invade other countries to seize assets and find a temporary fix to the problem.

Sound familiar?

aristeides  posted on  2007-07-15   9:15:00 ET  Reply   Untrace   Trace   Private Reply  


#19. To: aristeides, historian1944 (#14)

An excellent read and a salutary reminder for people who, like myself, tend to focus on the political and military aspects of WW II, that there were other powerful forces at work as well. Tooze clearly shows that even absolute dictatorships just can't afford to neglect the balance of payments. He argues, convincingly, that Speer's "armaments miracle" wasn't much of a miracle after all, but to illustrate the point he seems to overstate the achievements of the German arms producers in the first three years of the war somewhat. For instance, it may be, as he states, that the number of "combat-worthy medium tanks" doubled from May 1940 to June 1941 (page 433), but this was an increase from a very small base (not much more than a thousand). Moreover, many of these tanks were Czech, and rather than being 36- and 38-ton tanks as Tooze states, they were in the 10-ton class, and clearly unsuited for the medium tank function they were expected to fulfill. The fact that the Germans were forced to keep the Czech TNHP tank, which did not have one single part in common with German tanks, in production (as the Pzkpfw. 38t) to make up the numbers already says a lot about the relative impotence of the German tank industry at that time. Medium tank production in June 1941, the month the Soviet Union was invaded, was 38 Mark IVs and 133 Mark IIIs (plus 65 Czech 38ts), decidedly unimpressive compared to US tank production, which starting from scratch reached one thousand per month in little over a year, or compared to Soviet tank production which soon reached comparable levels under unimaginably difficult conditions. Even taking into account reduced steel quotas for the army and other constraints, there still seems to be something of an "armaments mystery" for the first half of the war, even if there was no real "miracle" in the second half.

One Amazon review. Looks good, as does the commentary, thanks.

robin  posted on  2007-07-15   9:36:40 ET  Reply   Untrace   Trace   Private Reply  


#74. To: robin (#19)

I'll have to read that book, seems interesting. What I've read indicates that Speer did have a great deal to do with the peaking of German war materiel in late 1944 (for the Germans, it would have been better if it had peaked in early 1942). In December 1941, the Wehrmacht was screaming for anything that had tracks on it, and there really wasn't anything available. I think sometime in mid-1942, Hitler was told that the Soviets were producing between 1000 and 1600 T-34s per month, which he thought was fabrication. The Germans at the same time were producing 25 Tiger tanks per month. (I'm quoting everything from memory, so the timeframes and numbers might be a little off). To characterize the Soviet achievement, they moved something like 1000 industrial works to the Urals to try to save them from the advancing Germans, put it back together, and then built stuff the entire time. Both in Stalingrad and Leningrad there were times when the factories would finish assembling the vehicle, the crew would load it and get into it, and it would leave the factory and join the battle, sometimes without being painted.

The Germans had a problem with over-engineering a lot of things, and diverging on what should have been immediately obvious as fools errands. They built a massive 48in howitzer that they maintained throughout the war, and it fired a grand total of under 50 rounds. At Sweden. Two of my favorites were the bunkenschlebber (sp?) and the Maus (I think that was its name). The bunkenschlebber was a mobile bunker built on railroad tracks. This was built in 1944, and it had the possibility of being mobile, on the surface, a decent idea. It only moved west, at a time when the Wehrmacht on the Western Front was retreating back east. The Maus was a 100 ton tank that had multiple engines in it that only very late in the war did they even get to move. Think of the Ferdinand only much heavier. The Maus had something like three or four cannons on it, and I know one was 152mm, I think there was a long barreled 88mm on it too. American soldiers who captured German artillery noted that the cannons were of first rate manufacture, but whereas a US made breech block might have 7 parts, the German one would have 35 to do the same job. They also used vehicles of dozens of different manufacturers to do the same job. If you have 20 two and a half ton trucks, and there were 10 different manufacturers of them, you've got a logistics nightmare, one that the German system was ill equipped to deal with. The US logistics system might be able to handle something like that, but the German one was incapable of doing so.

historian1944  posted on  2007-07-16   9:16:39 ET  Reply   Untrace   Trace   Private Reply  


#75. To: historian1944, robin (#74)

Tooze clearly shows that even absolute dictatorships just can't afford to neglect the balance of payments. He argues, convincingly, that Speer's "armaments miracle" wasn't much of a miracle after all,

I have not read Tooze but from your excerpt, he is totally wrong.

Anyone that discredits the work done by Speer destroys his own credibility at the outset. Tooze first of all overlooks the fact that when you are working with or for a dictator that is willing to shoot you at any moment, you are working under a handicap.

Secondly, anyone researching what transpired at the collapse of Germany would disagree with Tooze. For weeks following the end of the war, British and American intelligence people were debriefing Speer as to how he accomplished what he did under such circumstances.

In fact Speer is credited to be the first "technocrat" of this age.

Cynicom  posted on  2007-07-16   9:31:30 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 75.

#76. To: Cynicom (#75)

Good points.

Everything I've read indicates the same thing, and even just looking at the vehicle production figures in a vaccum (no context, just numbers) it's a really tough sell; as I've indicated, numbers increase until late 1944, and it appears that the only reason that production starts to decrease is because we and the Soviets started capturing areas where things were being produced. It also shows that the strategic bombing campaign wasn't all that effective (unless one wanted to kill many thousands of civilians). If the Germans would have gone on a war footing in 1939, things would have been much more difficult for all sides, since there would have been a great deal more materiel available for them to use.

historian1944  posted on  2007-07-16 09:39:45 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 75.

TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]