Was the reichmarks a debt free currency

Hitler said, "For every mark issued, we required the
equivalent of a mark's worth of work done, or goods produced." Hitler Broke Free from the International Banking Cartels and created debt free currency. Is this true or not? Some nigger on /r9k/ told me, "No he didn't. Read Wages of Destruction." as you may have guessed I've never read Wages of Destuction.

Other urls found in this thread:

youtube.com/watch?v=2GmGtoI2Wco
youtube.com/watch?v=lmGqG3grTrg
youtube.com/watch?v=kzIRG525l6s
voltairenet.org/IMG/pdf/Sutton_Wall_Street_and_Hitler.pdf
en.wikipedia.org/wiki/Cleansing_of_the_Temple
m.youtube.com/watch?v=9fHDIkVRNtc
thebalance.com/national-debt-by-year-compared-to-gdp-and-major-events-3306287
twitter.com/SFWRedditVideos

Dunno about anything regarding this but the Nazi economy was an absolute bureaucratic nightmare and staying afloat on the slave labor german people subjected themselves to. So even if this was a good move, it didn't make a difference.

youtube.com/watch?v=2GmGtoI2Wco

Read the wages of destruction. The nazi economy relies on opaque debt such as Mefo bills to function, and was a chronically overheating mess on the edge of collapse in 39

>Have a country which opposes (((them)))
>Most other countries are controlled by (((them)))
>(((They))) are masters of the financial system

No matter your economic system the odds would never be in your favor under these conditions.

Did the debt have anything to do with the Second World War? Adolf Hitler made Man of the Year, 1938 in Time Magazine. He must have turned Germany around for a while right?

Being in "Total War" Mode also helped hide the facts of this crazy economy. Much like Rome having to conquer and spread or start to die

This is true. It wasn't Hitler's idea though. I believe it was Hjelmar Schacht that came up with that idea.

tl;dr Nazi Germany kicked all (((bankers))) out and started their economy over tabula rasa.

>nazis rise to power because of jew centralized banks taking over
> country being boycotted globally by the jews in economic crisis

gee, what a fucking surprise. its like there are zero explanations other than the nazi currency sucked.

kys faggot

www.ebay.com/b/Orginal-WW-II-German-Currency/165732/bn_3024563

Are all of these replicas or something? They seem awfully underpriced

youtube.com/watch?v=lmGqG3grTrg
youtube.com/watch?v=kzIRG525l6s

meh hide the facts of this crazy economy. Can you expand on these facts?

spending increased dramatically because everyone and their mother knew war was coming, though not in what way. Diplomacy with Poland was breaking down (the polish leader died and was replaced with a hardliner), Britain and France were thoroughly unhappy that power was shifting to Germany again, and the communists were preparing to invade the rest of Europe. Some kind of conflagration was inevitable. Western Europe, according to mein kampf, was under no threat but loss of military/political relevance. The US quickly chose sides, starting aid to the USSR and Britain/france well before Pearl Harbor. The US'imperial ambitions in Asia meant that conflict with Japan was likely if the US didn't check itself. Considering all of this, it makes sense for Hitler to have armed up, finances be damned. Note also that the great purge of the Soviet nikitary leadership hadn't occurred yet.

*military leadership

>loss of relevance
More like lessening, to clarify my wording.

I've heard that the private ownership of business was there but in war time the production of goods and weapons was prioritized to meet the needs of the military.

I wonder who could be behind these (((debts)))

> country being boycotted globally by the jews in economic cris
You mean no one wanted to loan them more money because they didn't return their outstanding debts?

Stupid voters voting for politicians that promise them a free lunch.

It's the Kikes! Lol

Hitler was created and funded by the Jews from start to finish.

voltairenet.org/IMG/pdf/Sutton_Wall_Street_and_Hitler.pdf

People here need to do more research.

>being this new

>the Jews are forcing me to take on debt
Fuck off.

You just went full retard, NEVER GO FULL RETARD!

but then broke off his leash. debts are of no consequence if you tell the people you are indebted to "piss off honky or i'll shoot you"

And how did that work out for him?

>537.76%

We've sure done a fine job embracing the eternal kike, haven't we.

The Kikes on Wall Street will do anything thing for money. Look at your boy george soros he sold out his people too.

Was any economic system ever sustainable anywhere in this world?

The original bitcoin?

I have zero debt nigga, except debt owed by my country i am part of propped up through fx swaps with other countries
all set up a century ago by private banking institutions
>who owned our ww2 debt if the public was in more debt than the government

He broke free of international financiers; when Hitler came to power, the national treasury was empty. Countless homes and farms were lost to private (Jewish controlled) banking cartels. The very first prominent move of the Third Reich was to break away from the international banking system, which makes its money on debt (Usury). The National Socialists put a stop to international finance and usurious money lending which was drowning the German people by issuing its own currency (Reich Marks) completely free from the manipulation of international finance. World Jewry responded by declaring a global boycott of German goods. Within two years, Germany was back on its feet and it had a solid currency with zero inflation. When Hitler came to power inflation was so high their currency was worthless, you couldn't buy a loaf of bread with a wheelbarrow full of mark banknotes. Germans lived in awful conditions, basically hovels. They had no work, no money and were essentially starving. Hitler began a national credit program by devising a plan of public works; construction of new roads, bridges, dams, canals and port facilities and flood control, repair of the public buildings and private residences. All these were paid for via new state owned currency (Reich Marks) which again, were free from the manipulation of multinational financiers. Hitler said "For every mark issued, we required the equivalent of a mark's worth of work done, or goods produced." Women were encouraged to be homemakers thus creating jobs for unemployed men. Unemployment was virtually non existent within a few years. Expanding on women being encouraged to be homemakers, the National Socialists believed in the traditional family unit. Hitler was admired for his high regard for mothers.

The national socialist was perfectly working fine.
Until the jews brainwashed americans goyim into thinking nazis were evil.

Poor families were helped by financial incentives, family allowances, marriage loans, child subsidies etc. Germany's birthrate back then was similar to Germany's birthrate now, it was very low, below replacement rate, so new families were offered a loan of 1000 Reich Marks, debt free of course, and for every child they had they didn't have to pay 250 Reich Marks back, so if they have four children the loan was written off completely.

Most of the deficit isn't from servicing the debt though. It's there because people want programs they aren't willing to pay for.

If you compare the reichmark to other currency at the time- France, Spain, Great Britain, the metal content was 90% silver in Germany so it's buying power must have been fairly strong in comparison to other nations.

im just pointing it out. why was jfk so dangerous (((they))) couldnt sit back for another 6 years for him to reach his term limit

Not at all true. Hitler did massive amounts of deficit spending to the point that nearly all historians say the Third Reich would have been bankrupt and had an economic collapse that would have Weimar look nice if he hadn't started the war and looted foreign countries.

and who has claim on that debt?
and that debt? all the way down?

JFK didn't even try to do anything against the banks though.

No.. Nazi Germany had massive debt.

Whoever owns the treasury bonds.

Lol, so NS and Keynesian capitalism are socialism now? Get real. Interested outside parties always try to influence rising powers. Vietnam before the US puppet was put in and the war for example took money from all over but only acted for its own independence. Yugoslavia also played both sides of the cold war but based its policy on its own freedom. The conservatives in Germany thought they could rein Hitler in when they gave him power to appease the people, was Hitler owned by the local conservatives AND an international socialist banking cartel?
True. Though the govt consolidated for example unions and education was more standardized and the govt made large programs to employ people and improve infrastructure (same way the US worked through the Great Depression), it broke the mold of the time by privatizing more of the economy (albeit under regulation following nazi ideology).

>pic unrelated, just a fun fact

who is...?

Lots of people. Various banks (even some central banks), investment funds, individuals and pension funds. The FED itself owns some of them.

He meant to get down to business in his second term. Pretty common thing for an American president.

>he was just about to do it
Literally 0 evidence.

this

>basically a fiat currency
>had to continue looting other nations to control inflation
>mfw Hitler's policies were the meth of economics

Collectivists will never into economics

I didn't say that, nice try at looking like you caught me out. Simply noting what he himself said, though I forget if it was to a USSR representative or a Cuban one. He was saving big moves for term two, whether he was going to touch the banks or not, which point I am not arguing.

not really, they were wall street patriots like henry ford, AKA not jews.

le 10.000% face

Sure. But I'm still saying that nothing that he did was against the banking lobby and in fact gave them more power in his short term in office.

*100.000%
1000 years debth face

From Wikipedia, the jewish encyclopedia:
The cleansing of the Temple narrative tells of Jesus expelling the (((merchants))) and the money changers from the Temple, and occurs in all four canonical gospels of the New Testament.

>en.wikipedia.org/wiki/Cleansing_of_the_Temple

>Until the jews brainwashed americans goyim into thinking nazis were evil.

>allowing you system to devolve into absolute cynicism and nihilism resulting in the stifling of all individual freedoms and liberties and the mass torture and murder of anyone the state deemed an enemy isn't evil

Yeah you guys are so much better than the communists.

obviously, all before (((moder age)))

you guys could just put all the info you want to shill in the first couple posts instead of pretending to have a conversation about it, just trying to save you guys time. whatever.

Do you know what cynicism means? Was triumph of the will a satire? What about nihilism? Does this speech indicate nihilism? m.youtube.com/watch?v=9fHDIkVRNtc

But who owns the majority, which institutions, what is their origin?

Isn't that the ideal economic system? You get paid for how hard you work which you later use to pay someone else for how hard they work and it just keeps going around in circles.

Debt is caused when you take out credit for goods and don't pay it back which throws a wrench in the whole system.
If it gets bad enough, the economy crashes and inflation usually follow afterwards since wages and worths need to be reassessed with the dollar value.
This sounds about right.
You'd have to be constantly working to keep afloat in an economy and if you slack off, you lose hard.

Like I said in my previous post, Hitler's policies were essentially the nation-state equivalent of meth. Lots of short term improvement, but look where it ended. Take some of your own advice and allow some ideological responsibility to be taken. Be better than the communists.

Well in US it's mostly Jews (the whole 80% of 1% thing). Foreign debt is mostly in the hands of non Jews though.
In any case why does it matter who is lending the US money? The problem is that there is a deficit and the Jews did not cause the deficit.

now you're just talking past me. I argued against your charges of cynicism and nihilism and you repeated yourself and exhorted me to take responsibility.

Could someone explain to me how did Hitler managed to use work as a backing for the Mark effectively? Or how the german currency actually functioned? I mean, work has an intrinsic value, but it isn't a tangible, valuable object such as gold or silver and i can't understand how it could back the currency

And yes, blaming someone else for literally all of your issues is cynical and nihilistic. Forced labor and death camps cannot exist in a place where nihilism has not taken over the human spirit.

If you stare into the abyss long enough it will stare back into you.

I'm not charging you personally to take responsibility, you were not there and did not participate. I'm asking you to consider that the Nazis committed genuine crimes. That doesn't excuse anyone else's crimes but it also doesn't make them better than anyone else.

see

No you were just to cuck who does not have what it takes, you are averse ato greatness. You posted a picture of Cesar and he committed far more radical actions and then Hitler ever did. He committed genocide, Civil War, but you worship him because he is in the distant past while Hitler isn't.

>muh debt
Nazi Germany's debt ratio was better than the modern day US, Japan and Ireland, all successful economies. This is despite the fact that they had to prepare for a massive war since (((they))) were clearly doing everything in their power to destroy them.

>bureaucratic nightmare
>One of the the highest GNP per capita's in the world
>unemployment brought from 30% to 0
>booming economy while others in depression
>able to peacefully annex previously stolen territory
>constructed autobahn
>basic necessities guaranteed for all people

And if working for your country makes you a slave then what does working for an international kike bank make you?

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>(((historians)))
I see this claim all of the time and they seem to "forget" that every modern country has debt. The US has far worse debt today than Nazi Germany did despite the fact that we have no military rivals to defend against.

I know that they committed crimes. This is the dictionary definition of nihilism:
>the rejection of all religious and moral principles, often in the belief that life is meaningless.
That does not exclude engaging in cruelty to carry out whatever vision one has for the world.
This a good question, though I can't answer it. One aspect of it is that the government commissioned a certain amount of work and set its value, thus some money started circulating. That is a rather incomplete image though.
It was after all the same sort of spending that the US engaged in during the same time period.

>hehe le everything thats not capitalism is trash xd
¥2,326,963,480,443,217.00-2 quadrillion yens
This is your debt in yens just to make you think about the numbers. Now tell me again, how did national socialism not work?

About 40% of the German war machine was funded by Union Banking association (think Prescot Bush) through Thysen group. However, Hitler realized this. Sutton is right but has an incomplete picture of what was going on. Hitler actually knew he was being set up. He rounded up the Jews partially as a bargaining chip with the International Jews on Wall-street, but was unaware of how cold and bloodthirsty they were towards their own people even.

read Sutton's opus about scull and bones - he knows a lot more then

The whole Keynesian injection strategy is cool for starting up an economy. How could ot be sustained? The ONLY surefire way of maintaining an economy is to let it be, allow market forces to work. To regulate an economy is the same thing as trying to actively regulate a perfectly healthy human being with medical equipment. Imagine a healthy man having more and more of his organs and hormones controlled by tubes and equipment. That's what regulation is to an economy. How would the Nazis not fuck it up like every other mixed economy ever?

Subjective labor theory. Labor isn't intrinsically valuable. That's why nobody pays anyone to dig ditches then fill them back up. If it were true that labor is intrinsically valuable this would be plausible. However, if I need a ditch for some reason I would pay to have it done if I didn't want it myself.

The reichmark was valuable because the government said so, but it was also much more limited in quantity than the alternative currencies. The gubment says "look at my shiny new currency!" and everyone flocks to it.

Metals are valuable because of rarity and subjective opinion mostly. But it works so Well, does it really matter if were not sure 100% why it works or is valuable?

yup

>dont know about anything but I watched on state tv
point and laugh at the gossip queen

>Read the wages of destruction GOYIM!

>YOU NEED TO BE ENSLAVED BY WORLD DEBT

>OR YOU'LL BE IN DEBT!

Nice try kike. Pic related

Presumably by loosening up over time. Deficit spending does not mean forever, and I think that Hitler references this fairly often, that is, once the jobs and economic stability come back, charity and the general mindset fostered ought to cover things more or less.
I don't agree with this idea of being perfectly healthy with no regulation.
Where is the avoidance of environmental destruction? Of abusive labor practices? It's easy for there to be no real impetus for change to occur, as history attests. Yes, regulation can be bad, but so can free businesses, whose main job is to make money.

>To regulate an economy is the same thing as trying to actively regulate a perfectly healthy human being with medical equipment.

what is this analogy based on?

This is like saying
>Everyone has debt
>Look at me, I owe 10% of my annual income
>I pay my bills, I don't need to file for bankruptcy
>So that (((fucker))) with 10500% of his annual income in debt doesn't need to file for bankruptcy
>In fact (((bankruptcy))) is just a merchant trick!

The fact is that Hitler was swimming in debt to the point that it would have made Roosevelt blush. It was worse than anything the US had until very, very recently and we've slowly accumulated that debt over 16 years. Hitler generated it in less than 5 years and engaged in plenty of other financial shenanigans far beyond simply overfunding the military.

But you got your (((you))), I guess. I find scapegoaters generally don't care about the facts on the ground. History is inconvenient to your arguments, so you try to erase it like all leftists do.

But didn't Germany introduce a real estate backed noted in 1923 to combat hyper inflation that worked well?

The people in videos of Nazi Germany don't look like slaves to me.

Every single statesman that ever did deficit spending said it's only temporary. Shit never works out.

Yo. Is that a fucking freemason necklace on that piece of shit? I Knew he was a zionist lover but I had no clue he was a free mason.

That quote is unsubstantiated and dubious in origin, just so the thread knows.
The US had quite a bit of debt compared to GDP. I think that we have a table or graph of the same comparison for Nazi Germany floating around. US: thebalance.com/national-debt-by-year-compared-to-gdp-and-major-events-3306287
And what is your argument about regulation? Shit never works out? I'm interested in your perspective on spending and regulation, but I would like to know more than that.