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o, did the nazis have the best banking system of all time or nah?

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Thread replies: 20
Thread images: 6

This is how the banking system worked in Nazi Germany.

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.

This economic freedom made Hitler extremely popular with the German people. Germany was rescued from English economic theory, which says that all currency must be borrowed against the gold owned by a private and secretive banking cartel - such as the Federal Reserve, or the central Bank of Europe - rather than issued by the government for the benefit of the people.

Source: Gottfried Feder's juicy pamphlets
>>
>Only a systematic program of job creation can bring change.
>If public means are no longer wasted, but rather are used to create jobs, our labor will no longer be wasted, but rather used productively, which will result in improvements everywhere: an increases in production, increased purchasing power, reduction in taxes, a general improvement in the economy.
>Today we are wasting our resources, but this policy will lead to the formation of new capital. National Socialism will ensure that this new capital belongs exclusively to those who have created it through their labor and sacrifice.
http://research.calvin.edu/german-propaganda-archive/sofortprogramm.htm
>>
So labor vouchers?

Cuz labor vouchers are an inherently socialist idea.

Really makes you stink.
>>
>>2072088
It almost sounds like Gottfried Feder and the national socialist party was, dare I say it? Socialists
>>
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>>2072081
>muh cosmetically different capitalism with a side of "race" motivated mass murder, relocation and work slavery x1000
>this is what /pol/ actually believes
>>
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>>2072106
NO because they didn't like diversity and open borders and multiculturalism and lgbtwtfbbq
>>
>>2072121
Real national socialism hasn't been tried.
>>
>>2072145
It has and it was a success. Imagine if they applied it to the rest of the world
>>
>muh Hitler
>>
Yes. The nazis did have the best banking system.
>>
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>>2074073
>>2072177
>>2072153
>>2072081
>>2072083
>>2072141
>be Aryanscum
>be anti-Anglo
>push anti-Anglo propaganda
>attack innocent Anglo people
>gets mad about being destroyed
>>
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>>2072081
Except the post-1934 Germany kept the same corrupt plutocracy that National-Socialists were supposed to destroy and the lack of unemployment was due to the rearming not deep social reform.
It was the same arms industry allied with the political was a cause of the WWII disaster.

>>2072145
>Real national socialism hasn't been tried.

I believe this unironically.
>>
>>2074081
Who attacked who did you say?
>>
>>2074085
>Except the post-1934 Germany kept the same corrupt plutocracy that National-Socialists were supposed to destroy
Hitler chose his cronies carefully. They invested their profits in creating jobs that benefited the people and sometimes that included the arms industry.

Today the cronies invest all of their profits in usury and capital gains
>>
>>2074085
This. Heil Röhm.
>>
>>2074085
Real National Socialism has been tried. It's called USSR/ Mao's China/ Mugabe's Zimbabwe and North Korea.
>>
>>2072081
>no debt
>The Nazi regime never attempted to convince the general populace to buy long-term war bonds as had been done during the First World War.[32] The Reich government did not want to present any perceived form of public referendum on the war, which would be the indirect result if a bond drive did poorly.[33] Rather, the regime financed its war efforts by borrowing directly from financial institutions, using short-term war bonds as collateral.[32] German bankers, with no demonstration of resistance, agreed to taking state bonds into their portfolios.[32] Financial institutions transferred their money to the Finance Department in exchange for promissory notes. Through this strategy, 40 million bank and investment accounts were quietly converted into war bonds, providing the Reich government with a continuous supply of money.[34] Likewise, German bank commissioners compelled occupied Czechoslovakia to buy up German war bonds. By the end of the war, German war bonds accounted for 70% of investments held by Czechoslovakian banks.[34]
War bonds are debt securities. The nazi banking system was contigent on war. Before those bankers had the chance to cash out, the state had to actually get the cash which, you guessed it, was invested into the military - this investment was to turn profits once Germany took in the wealth of other nations.
>>
>>2074334
He figured it out. National socialism was meant to be implemented on a global scale. Who would've thought? I thought North Korean state capitalism was a sufficient end-goal.
>>
>>2074368
>National socialism was meant to be implemented on a global scale. Who would've thought?
You and loads of Hollywood victims.
>>
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>>2072145
>Real national socialism hasn't been tried.

agreed
Thread posts: 20
Thread images: 6


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