[NOTE: This is presented as a historical post, not as a defense of National Socialism)
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Many
people take joy in saying Wall Street and Jewish bankers "financed
Hitler." There is plenty of documented evidence that Wall Street and
Jewish bankers did indeed help finance Hitler at first, partly
because it allowed the bankers to get rich (as I will describe below)
and partly in order to control Stalin. However, when Germany broke free
from the bankers, the bankers declared a world war against Germany.
When we look at all the
facts, the charge that "Jews financed Hitler" becomes irrelevant. Los
Angeles Attorney Ellen Brown discusses this topic in her book Web Of Debt…
When
Hitler came to power, Germany was hopelessly broke. The Treaty of
Versailles had imposed crushing reparations on the German people,
demanding that Germans repay every nation’s costs of the war. These
costs totaled three times the value of all the property in Germany.
Private
currency speculators caused the German mark to plummet, precipitating
one of the worst runaway inflations in modern times. A wheelbarrow full
of 100 billion-mark banknotes could not buy a loaf of bread. The
national treasury was empty. Countless homes and farms were lost to
speculators and to private (Jewish controlled) banks. Germans lived in
hovels. They were starving.
Nothing
like this had ever happened before - the total destruction of the
national currency, plus the wiping out of people's savings and
businesses. On top of this came a global depression. Germany
had no choice but to succumb to debt slavery under international
(mainly Jewish) bankers until 1933, when the National Socialists came
to power. At that point the German government thwarted the
international banking cartels by issuing its own money. World Jewry
responded by declaring a global boycott against Germany.
Hitler
began a national credit program by devising a plan of public works that
included flood control, repair of public buildings and private
residences, and construction of new roads, bridges, canals, and port
facilities. All these were paid for with money that no longer came from
the private international bankers.
The
projected cost of these various programs was fixed at one billion units
of the national currency. To pay for this, the German government (not
the international bankers) issued bills of exchange, called Labor
Treasury Certificates. In this way the National Socialists put millions
of people to work, and paid them with Treasury Certificates.
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.)
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.
Canadian
researcher Dr. Henry Makow (who is Jewish himself) says the main reason
why the bankers arranged for a world war against Germany was that
Hitler sidestepped the bankers by creating his own money, thereby
freeing the German people. Worse, this freedom and prosperity
threatened to spread to other nations. Hitler had to be stopped!
Makow
quotes from the 1938 interrogation of C. G. Rakovsky, one of the
founders of Soviet Bolsevism and a Trotsky intimate. Rakovsky was tried
in show trials in the USSR under Stalin. According to Rakovsky, Hitler was at first funded by the international bankers, through the bankers’ agent Hjalmar Schacht. The
bankers financed Hitler in order to control Stalin, who had usurped
power from their agent Trotsky. Then Hitler became an even bigger
threat than Stalin when Hitler started printing his own money.
(Stalin came to power in 1922, which was eleven years before Hitler came to power.)
Rakovsky said:
“Hitler took over the privilege of manufacturing money, and not only physical moneys, but also financial ones. He took over the machinery of falsification and put it to work for the benefit of the people. Can you possibly imagine what would have come if this had infected a number of other states?” (Henry Makow, "Hitler Did Not Want War," www.savethemales.com March 21, 2004).
Economist Henry C K Liu writes of Germany's remarkable transformation:
“The
Nazis came to power in 1933 when the German economy was in total
collapse, with ruinous war-reparation obligations and zero prospects
for foreign investment or credit. Through anindependent monetary
policy of sovereign credit and a full-employment public-works program,
the Third Reich was able to turn a bankrupt Germany, stripped of
overseas colonies, into the strongest economy in Europe within four
years, even before armament spending began.” (Henry C. K. Liu, "Nazism
and the German Economic Miracle," Asia Times (May 24, 2005).
In Billions for the Bankers, Debts for the People (1984), Sheldon Emry commented:
“Germany
issued debt-free and interest-free money from 1935 on, which accounts
for Germany’s startling rise from the depression to a world power in
five years. The German government financed its entire operations from
1935 to 1945 without gold, and without debt. It took the entire
Capitalist and Communist world to destroy the German revolution, and
bring Europe back under the heel of the Bankers.”
These facts do not appear in any textbooks today, since Jews own most publishing companies. What does appear
is the disastrous runaway inflation suffered in 1923 by the Weimar
Republic, which governed Germany from 1919 to 1933. Today’s textbooks
use this inflation to twist truth into its opposite. They cite the
radical devaluation of the German mark as an example of what goes wrong
when governments print their own money, rather than borrow it from
private cartels.
In
reality, the Weimar financial crisis began with the impossible
reparations payments imposed at the Treaty of Versailles. Hjalmar
Schacht – the Rothschild agent who was currency commissioner for the
Republic -- opposed letting the German government print its own money…
“The Treaty of Versailles is a model of ingenious measures for the economic destruction of Germany. Germany
could not find any way of holding its head above the water, other than
by the inflationary expedient of printing bank notes.”
Schact
echoes the textbook lie that Weimar inflation was caused when the
German government printed its own money. However, in his 1967 book The Magic of Money, Schact let the cat out of the bag by revealing that it was the PRIVATELY-OWNED Reichsbank, not the German government, that was pumping new currency into the economy. Thus, the PRIVATE BANK caused the Weimar hyper-inflation.
Speculation in the German mark was made possible because the PRIVATELY OWNED Reichsbank (not yet under Nazi control) made massive amounts of currency available for borrowing. This currency, like U.S. currency today, was created with accounting entries on the bank's books. Then the funny-money was lent at compound interest. When the Reichsbank could not keep up with the voracious demand for marks, other private banks were allowed to create marks out of nothing, and to lend them at interest. The result was runaway debt and inflation.
Thus,
according to Schacht himself, the German government did not cause the
Weimar hyperinflation. On the contrary, the government (under the
National Socialists) got hyperinflation under control. The National
Socialists put the Reichsbank under strict government regulation, and
took prompt corrective measures to eliminate foreign speculation. One
of those measures was to eliminate easy access to funny-money loans
from private banks. Then Hitler got Germany back on its feet by having
the public government issue Treasury Certificates.
Schacht
, the Rotchschild agent, disapproved of this government fiat money, and
wound up getting fired as head of the Reichsbank when he refused to
issue it. Nonetheless, he acknowledged in his later memoirs that
allowing the government to issue the money it needed did not produce
the price inflation predicted by classical economic theory, which says
that currency must be borrowed from private cartels.
What
causes hyper-inflation is uncontrolled speculation. When speculation is
coupled with debt (owed to private banking cartels) the result is
disaster. On the other hand, when a government issues currency in
carefully measured ways, it causes supply and demand to increase
together, leaving prices unaffected. Hence there is no inflation, no
debt, no unemployment, and no need for income taxes.
Naturally
this terrifies the bankers, since it eliminates their powers. It also
terrifies Jews, since their control of banking allows them to buy the
media, the government, and everything else.
Therefore, to those who delight in saying “Jews financed Hitler,” I ask that they please look at all the facts.
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