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- How Hitler defied the bankers
- Article from: http ://www. wakeupfromyourslumber. com/node/6720
- 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 an independent 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.
- Like the U.S. Federal Reserve, the Reichsbank was overseen by appointed government
- officials, but was operated for private gain. What drove the wartime inflation into
- hyperinflation was speculation by foreign investors, who sold the mark short, betting on
- its decreasing value. In the manipulative device known as the short sale, speculators
- borrow something they don't own, sell it, and then "cover" by buying it back at the lower
- price.
- 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.
- "Permit me to issue and control the money of a nation, and I care not who makes its
- laws."
- - Mayer Amschel Rothschild, [quoted in Money Creators (1935) by Gertrude Coogan, p.
- 329]
- "Debt, particularly international debt, is the first and over-mastering grip. Through it men
- in high places are suborned, and alien powers and influences are introduced into the body
- politic. When the debt grip has been firmly established, control of every form of publicity
- and political activity soon follows, together with a full grip on industrialists."
- - Archibald Maule Ramsay, The Nameless War (1952)
- "History, as seen by a Monetary Economist, is a continuous struggle between producers
- and non-producers, and those who try to make a living by inserting a false system of
- book-keeping between the producers and their just recompense . . . The usurers act
- through fraud, falsification, superstitions, habits and, when these methods do not
- function, they let loose a war. Everything hinges on monopoly, and the particular
- monopolies hinge around the great illusionistic monetary monopoly."
- - Ezra Pound, "An Introduction to the Economic Nature of the United States" (1950)
- "Rothschild's ill-gotten wealth also effectively bought his family the first Jewish seat in
- the British Parliament and even membership in the British aristocracy. By combining the
- power of their own family's huge banks and other Jewish-owned banks, they could
- literally bring a nation's economy to its knees. By dominating international banking, they
- could set their own financial terms to cash-hungry nations and amass even greater riches.
- Because of the competitive advantages of Rothschild's international contacts, Jews
- dominated private banking throughout Europe. For instance, there was almost a complete
- absence of Gentile banking firms in Prussia in the late 19th century. In 1923 Berlin there
- were 150 Jewish banks and only 1 1 non- Jewish banks. In the stock market, schemes
- similar to Rothschild's Waterloo ploy have been used for generations, finally resulting in
- the center of world trading, Wall Street, becoming dominated by Jewish stock and
- investment- banker operations."
- - David Duke, Jewish Supremacism (2002)
- "One of these means is concentrated in the world of finance. 63 It has not been primarily a
- matter of manifesting a genius for making money or for actually amassing it in colossal
- amounts, though of course this of itself has weighed heavily. But primarily it has been a
- matter of setting up a money system, which the entire economic life of each nation was
- dependent upon, and which developed a power so vast and irresistible that it placed itself
- beyond all effective governmental interference, and thereby became in fact a power
- above government, a power that could bring even governments to their knees."
- - William G. Simpson, Which Way Western Man? (1977)
- "The day came when, little by little, I began to be aware that the Money System had
- moral and spiritual implications. I discovered deliberate deception and betrayal and a
- purpose to ruin and to enslave. I discovered that for centuries it had had a steadily
- growing power of enormous significance in sidetracking and ditching the normal and
- natural development of the Western world, doing monstrous wrong and causing
- fathomless suffering. It was only then that I began to be aroused. And I should contend
- that if I now level my lance against the evil of our Money System, against the injury to
- our life it has caused, I am no more out of my proper place than I was in holding up the
- injury and menace of our unbalanced birth rate, or of our industrial system, or of the
- dogma of racial equality. Indeed, in matters of this kind, I should hold that every
- informed citizen, who has a conscience and is loyal to his people, has an inescapable duty
- to speak out and to act."
- - William G. Simpson, Which Way Western Man? (1977)
- "Thus arose the school of international finance, in which the Rothschilds and other
- Jewish money-lenders were very able teachers. In fact the mentality of England was
- developing in such a direction as to enable the Jews to prepare for the blessed day when
- Britain would be one of their colonies. These three principles — ruthless competition, free
- trade at any cost, and the investment of money without any regard to blood, nation, or
- race are fundamental to the international capitalism in the interests of which Britain has
- mobilized her forces to destroy National-Socialist Germany. They are the basic axioms of
- the old order..."
- - William Joyce, Twilight Over England (1940)
- "The notion that the level of production should be controlled by monetary considerations
- belongs to a very primitive and superstitious stage of social evolution. Indeed, there are
- few savage tribes that would accept it as it is accepted in Britain today. Suppose that in
- some very backward island, a shell standard of money prevailed. Assume also that some
- malicious or half-witted creature managed to acquire half the shells in the island and to
- drop them into the water beyond recovery. The chiefs and witch-doctors would have to
- hold a council of emergency. But if the rulers of that island decreed that because half the
- money of the community had been lost, hunting and fishing and tilling must now be
- reduced by fifty per cent, there 'd be a hot time in the old town that night. In such a simple
- state of society, the criminal absurdity of the proposal would be obvious to the meanest
- and most untutored intellect. Yet a policy which the most undeveloped savage tribe
- would reject as nonsense has been accepted by the British people as a sacred ritual for
- many years. Thus, of course, international finance, by restricting supplies and causing
- shortage, can produce whatever conditions of marketing that may be most profitable to
- itself. If there is one truth against which the Old School of Finance is fighting today, it is
- the supreme verity that production of goods should be based on the needs of the people,
- the only limit being the limit of natural resources and raw materials. Since the dawn of
- human history, the great struggle of man has been to wrest from Nature by force and
- cunning the means of life and enjoyment. It was only when the blessings of modern
- democracy made their appearance one hundred and fifty years ago, that he was told, in an
- arbitrary manner, [82] that his efforts must be slackened and regulated henceforth by the
- private interests of an infinitesimal proportion of the world's population."
- - William Joyce, Twilight Over England (1940)
- "Some people think Federal Reserve Banks are United States Government institutions.
- They are not Government institutions. They are private credit monopolies which prey
- upon the people of the United States for the benefits of themselves and their foreign
- customers; foreign and domestic speculators and swindlers; and rich and predatory
- money lenders. In that dark crew of financial pirates there are those who would cut a
- man's throat to get a dollar out of his pocket; there are those who send money into states
- to buy votes to control our legislation; and there are those that maintain an international
- propaganda for deceiving us... that will permit them to cover up their past misdeeds and
- set again in motion their gigantic train of crime . . . Mr. Chairman, we have in this country
- one of the most corrupt institutions the world has ever known. The Federal Reserve
- Board has cheated the United States out of enough money to pay the national debt... Mr.
- Speaker, it is a monstrous thing for this great Nation to have its destiny presided over by
- a treasonous system acting in secret concert with International pirates and userers. Every
- effort has been made by the FED to conceal its power. But the truth is the FED has
- usurped the government of the United States. It controls everything here. It controls
- foreign relations. It makes and breaks governments at will."
- - Congressman Louis T. McFadden, Speech on Floor of the House of Representatives,
- 1934
- "Our money system is nothing better than a confidence trick ... The "money power"
- which has been able to overshadow ostensibly responsible government is not the power
- of the merely ultra-rich but is nothing more or less than a new technique to destroy
- money by adding and withdrawing figures in bank ledgers, without the slightest concern
- for the interests of the community or the real role money ought to perform therein ... to
- allow it to become a source of revenue to private issuer's is to create, first, a secret and
- illicit arm of government and, last, a rival power strong enough to ultimately overthrow
- all other forms of government."
- - Dr. Frederick Soddy, Wealth, Virtual Wealth & Debt (1926)
- "A great industrial nation is controlled by its system of credit. Our system of credit is
- concentrated. The growth of the nation, therefore, and all of our activities are in the hands
- of a few men. We have become one of the worst ruled, one of the most completely
- controlled and dominated governments in the civilized world ... no longer a government
- of free opinion ... but a government by the opinion and duress of small groups of
- domineering men."
- - President Woodrow Wilson, The New Freedom (1913)
- "JEWS have no religious scruples regarding money where goyim are concerned. They
- now have the means to carry out their war of annihilation of the West. They would not
- surface as a fighting unit and openly attack their hated enemy. They remained invisible.
- Their strategy was to organize the entire JEWISH People into a Fifth Column whose
- purpose is to penetrate the West and destroy everything. This is being accomplished by
- exacerbating natural disputes between the Western States and influencing the results in
- favor of Liberalism as opposed to Authority; that is, materialism, free trade and usury, as
- opposed to Western Socialism; Internationalism as opposed to Western unity. MONEY
- was their sword and buckler. Hate and revenge their motif."
- - James von Brunn, "Kill the Best Gentiles! " (2009)
- "Though the British public was kept in total ignorance as to the true significance of what
- was taking place in Spain two countries in Europe were alive to the situation. Germany
- and Italy had each in their turn experienced the throes of communist revolution, and
- emerged victorious over this foulest of earthly plagues. They knew who had financed and
- organised the International Brigades; and with what fell purpose Barcelona had been
- declared in October 1936 the Capital of the Soviet States of Western Europe. At the
- critical moment they intervened in just sufficient strength to counter the International
- Brigade, and enable the Spanish people to organise their own army, which, in due course,
- easily settled the matter. That settled the matter, that is to say, as far as Spain was
- concerned. There was, however, another settlement to come. International Jewry had
- been seriously thwarted. They would not rest henceforward until they could have their
- revenge; until they could by hook or crook turn the guns of the rest of the world against
- these two States, which in addition to thwarting their designs in Spain were in the process
- of placing Europe upon a system independent of gold and usury, which, if permitted to
- develop, would break the Jewish power forever."
- - Archibald Maule Ramsay, The Nameless War (1952)
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