The 'Nazi' Economic Miracle.

The Nazis came to power in Germany in 1933, at a time when its economy was in total collapse, with ruinous war-reparation obligations and zero prospects for foreign investment or credit. Yet 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 it could exploit, into the strongest economy in Europe within four years, even before armament spending began. In fact, German economic recovery preceded and later enabled German rearmament, in contrast to the US economy, where constitutional roadblocks placed by the US Supreme Court on the New Deal delayed economic recovery until US entry to World War II put the US market economy on a war footing.

www.geniebusters.org...

I recently read Mein Kampf. I thought it was fantastic for alot of reasons. I am now a National Socialist. I agree with Hitler on many things and I feel the book is written in a way that makes it accessable and easy for anyone to read. It seems that the more I read about Hitler the more I like him. He was right about so much. I would recommend the book to anyone that is interested in politics. I like how candid and honest the book feels when Hitler talks about things like propaganda. I love how he gives it to 'intellectual's'. I love how cutting he is with his insults. I found it really interesting to hear about his perspective on WW1 and to learn things like how the communists organised a strikes that basically caused Germany to lose the war. I liked reading about the rise of German Communism after WW1. It may be the most interesting book I have ever read.

Anyway, back the 'nazi' economics. I admire Hitler for how he turned the German economy around despite impossible odds. After WW1 Germany was forced to endure The Treaty of Versailles which imposed crushing reparations payments on Germany. They were expected to reimburse the costs of the war for all participants — costs totaling three times the value of all the property in the country. When Hitler came to power German unemployment was 30% and the world was in The Great Depression. Yet he managed to turn it all around. He outsmarted the International Banking Cartel which is the thing I like the most about Hitler. Seems that the whole point of the 'nazi party' was to stop bankers from exploiting the German people.

It seems that Autarky,Nationalization and Public Works are all key.

When Hitler came to power, the country was completely, hopelessly broke. The Treaty of Versailles had imposed crushing reparations payments on the German people, who were expected to reimburse the costs of the war for all participants — costs totaling three times the value of all the property in the country. Speculation in the German mark had caused it to plummet, precipitating one of the worst runaway inflations in modern times. At its peak, a wheelbarrow full of 100 billion-mark banknotes could not buy a loaf of bread. The national treasury was empty, and huge numbers of homes and farms had been lost to the banks and speculators. People were living in hovels and starving. Nothing quite like it had ever happened before - the total destruction of the national currency, wiping out people's savings, their businesses, and the economy generally. Making matters worse, at the end of the decade global depression hit. Germany had no choice but to succumb to debt slavery to international lenders. Or so it seemed. Hitler and the National Socialists, who came to power in 1933, thwarted the international banking cartel by issuing their own money. In this they took their cue from Abraham Lincoln, who funded the American Civil War with government-issued paper money called "Greenbacks." Hitler began his national credit program by devising a plan of public works. Projects earmarked for funding included flood control, repair of public buildings and private residences, and construction of new buildings, roads, bridges, canals, and port facilities. The projected cost of the various programs was fixed at one billion units of the national currency. One billion non-inflationary bills of exchange, called Labor Treasury Certificates, were then issued against this cost. Millions of people were put to work on these projects, and the workers were paid with the Treasury Certificates. This government-issued money wasn't backed by gold, but it was backed by something of real value. It was essentially a receipt for labor and materials delivered to the government. Hitler said, "for every mark that was issued we required the equivalent of a mark's worth of work done or goods produced." The workers then spent the Certificates on other goods and services, creating more jobs for more people.

www.geniebusters.org...

I think that it can all work again. It will be much harder this time since we have the IMF mafia,NATO and the UN all working for the banksters but they are not exactly in the strongest of positions lately. They have the smell of death. We should kill them(figuratively of course). Im not sure what to think about the BRICs just yet but they just seem like a less demonic option than America and friends.

National Socialism is the miracle they dont want us to explore. Its the perfect happy medium for everyone that isnt a banker.

reply to post by Germanicus


hello germanicus
i am still reading the book more than two years after procuring it. one of many things that puzzles me is the monetary situation. i offer no evidence but i suspect there were private investors/backers who gave the funds to allow the machine to amass such a formidable military asset. air force,navy and army costs must of been staggering and beyond the domestic product. i may be wrong but consider all the kit they had. furthermore, the nest, hitlers retreat with a lift installed after removing all the stone. martin bormann i think got the funding for that one.
methinks that he gave promissory notes to investors on the basis of land/resources gained through invasion.

hmmm.

fakedirt.

Well now, that sounds great. Everybody works and the government pays you some amount based on the work you have accomplished. Everybody would get paid equally for similar task accomplished. And everybody can afford to buy the essentials needed to get by in life.

So would this mean that everybody would now be employed by the government? What businesses would the government deem to be essential for the country? How would the government generate revenue to be able to pay all these new employees? How far down this slope would the government be controlling? How much government control would this lead to in everything you did in life?

reply to post by fakedirt


Yeah,does seem like he had alot of backing. But he did have to give them enough faith to back him.

And dont you love the section on syphillus I didnt think he would ever shut up about it.

Well...

"One day (...) the world will know that I was right" - Adolf Hitler

We getting so close... and yes, he was right about his "economics" - That day draws near. 33-39 were something the world never saw before and has never seen again.

I actually think its inevitable... and one day the world will know he was right. Thing is... will we give him credit?

Originally posted by LevelHeaded
Well now, that sounds great. Everybody works and the government pays you some amount based on the work you have accomplished. Everybody would get paid equally for similar task accomplished. And everybody can afford to buy the essentials needed to get by in life.

So would this mean that everybody would now be employed by the government? What businesses would the government deem to be essential for the country? How would the government generate revenue to be able to pay all these new employees? How far down this slope would the government be controlling? How much government control would this lead to in everything you did in life?

Well the way Hitler did it he didnt need to generate revenue. He issues the marks as payment but as he said "for every mark that was issued we required the equivalent of a mark's worth of work done or goods produced.". It was credit but it was backed by something real. And no everyone wouldnt be working for the government its just that we would all be pulling in the one direction and all enjoy the fruits. Hitler didnt take control of everything but he reserved the right to if it was in the national interest.

I think Greece is in the perfect position to try National Socialism right now. They have nothing to lose. They should default and tell the IMF to [SNIP] off. They should implement autarky and close the borders. They should implement their own currency and work towrd economic independance. It is almost impossible because we all rely on oil so much now so you could not achieve total autarky but you could go close.

I think the biggest thing that National Socialism does is remind people that the marketplace of the nation has more power than any rich bastard that wants to exploit it. We are not beholden to them but they to us.

Originally posted by Germanicus
reply to post by fakedirt

 

Yeah,does seem like he had alot of backing. But he did have to give them enough faith to back him.

And dont you love the section on syphillus

I didnt think he would ever shut up about it.

i don't think i've got that far yet. i read several books at once when time permits. i will keep it in mind though!

i watched a docu/drama starring robert carlyle where he (hitler) was received by the wealthy at certain functions against his better wishes but crucial to his vision.

fakedirt.

Just another failed fiat money from nothing scheme that amassed power to the central government and ended in disaster like everyone of its predecessors.

Yeah I could turn the economy around in a few years if I had an unlimited credit and could create fake jobs and pay people fake money for useless make work jobs. But it would not last and end up funneling all the property and wealth to the oligarchs at the top of the pyramid. Wait where have I heard that before...

What you fail to realize is it is essentially the same system that has made America look prosperous for the last 40 years but it is coming to an end like is has every time in history. Hitler just got greedy and power hungry and started invading countries. Oh wait that is what we are doing too....

PS I have a hard time how anyone can like a Mass Muderer but then you proclaim your self a NAZI so there it is...

I was reluctant to participate in this thread....weird....something about acknowledging Nazi germany in a positive light makes my skin crawl.

However...If I am not mistaken....the west invested in Germany for a couple of reasons. Number one...their system of education. They had the smartest engineers and scientist anywhere on the planet.

Number two...their system of education....etc...etc...etc (get the point?)

The Germans had, at the time, one of the highest standards of education of anyone in the world. Capitalist corporations saw this and the mental and physical discipline of the people and said "hey...I can make a buck here"...

And the rest is ugly history.

I don't think a fiat system of money is what rose them out of the collapse of post WW1...it was people impressed with their tenacity and discipline that invested in them....and then those investments were turned toward a war machine....

It is necessary to recognize that this thread, its subject, and the development of the discussion will present many opportunities for friction. Be advised that there are those who are not yet prepared to disassociate the atrocities of the war with the central character behind its' notoriety.

I caution you all. With all respect.

Discuss the topic, not each other. Discuss the model, not the ideology of 'blame' which became its fulcrum.

And remember, everyone is allowed their opinion, including those who will disagree with what you have said.

To those who disagree: explain the disagreement without matching the hate that rose from the matter in the first place... and this discussion may remain constructive for everyone.

ATS will not tolerate a descent into the tragic theatrics which often accompany a bold assertion such as the OP's.

Stick to economy and you'll be fine.

OP, you gotta be kidding me? Nazi economics a miracle to be hailed today? Guess you had been had by the devil, to be believe in that thrash.

The true economic miracle was that undertaken by Hindenburg during the 20s. Much of foreign investments poured into Germany under him, and with honest humans around the world trying to find solutions to war repriations by germany, it manage to produce and sold products, created employment. It was golden age for the hardworking Germans after the lies and war by the monarch Kaiser.

Unfortunately Financial Depression struck Europe by the 30s. Much of capital fled, and many were out of work worldwide. Germans went hungry, and that's how the Nazi's managed to worm their way into power, by selling out to the devil.

Jews and foreign investors, from the rich to the poor, were robbed of their wealth and savings in Germany to pay for cheap imports of food and materials to the axis powers, including fellow devil Stalin's USSR. Much of production was focussed on producing war materials - bullets, bombs, ships, tanks, aircrafts, etc and thus germans were fully employed.

The gravy train ended by 7 years time. But the devil Hitler had planned and prepared. Robbing of fellow european neigbours' resources through outright war ensured the gravy continued, to pay for materials and a million soldiers employed. The Nazis were the master of fractional banking, which the Feds copied from. Useless paper as monetary value.

Do your research, seek for the truth, and do not attempt to whitewash or re-write history, or we will only be doomed to make the same mistakes. It was the darkest period in the history of the Germany Free People.

Socialism can work as an economic policy, but most certainly, not of the devil Nazi kind, which was an evil lie from the start.

reply to post by Germanicus

The 'Nazi' Economic Miracle

Hitler and Roosevelt - half a world apart - followed the same 'basic' path; they combined the resources on hand with a workforce in need of jobs to create - at first - public works.

In the US, the CCC was overseen by the US Army. These guys created roadways and parks from one side of the country to the other. Take the winding two-lane from Gatlinburg, Tn to Cherokee, NC through the Smokies and you will be riding on a CCC highway.

Hitler did the same thing... building the Autobahn and beginning what was to be a magnificent remake of Berlin, with a People' Hall so big that it would have its own weather inside!

Now before anyone feels the urge to fall upon me for speaking about Hitler in less than a negative way, please take note that all I am doing is relaying the history of what happened. I am no Nazi sympathizer by any stretch.

In closing, the world economy had slipped passed the point of redemption by private enterprise alone. Governments stepped in to both save their nations and create popularity.

That's the way it was.

Originally posted by hawkiye
Just another failed fiat money from nothing scheme that amassed power to the central government and ended in disaster like everyone of its predecessors.

Yeah I could turn the economy around in a few years if I had an unlimited credit and could create fake jobs and pay people fake money for useless make work jobs. But it would not last and end up funneling all the property and wealth to the oligarchs at the top of the pyramid. Wait where have I heard that before...

What you fail to realize is it is essentially the same system that has made America look prosperous for the last 40 years but it is coming to an end like is has every time in history. Hitler just got greedy and power hungry and started invading countries. Oh wait that is what we are doing too....

PS I have a hard time how anyone can like a Mass Muderer but then you proclaim your self a NAZI so there it is...

Hey there. I dont think they were fake jobs at all. The autobarn was a great thing that everyone talks about but look how advanced Germany was at the start of WW2. They had the best of everything. I watched a doco about Charles Lindburg a while ago and it had a bit in it about how he admired the Germans and how organised and orderly they were. how they all pulled together as a nation. After reading about Germany some more I can see why he would feel that way.

And I think Hitler always intended on going to war. He wanted revenge for how Germany was treated during and after WW1 and he saw expanding the borders kinda like how the Romans did. Glory to Rome. He was like Julius Caeser.

And Im not a 'nazi' Im a national socialist. Not that there seems to be many National Socialist groups that seem much good. The Golden Dawn in Greece seems far from perfect and those Defence league guys dont seem too bright.

Maybe I will start my own National Socailism Party.

reply to post by Damrod

I was reluctant to participate in this thread....weird....something about acknowledging Nazi germany in a positive light makes my skin crawl.

However...If I am not mistaken....the west invested in Germany for a couple of reasons. Number one...their system of education. They had the smartest engineers and scientist anywhere on the planet.

Number two...their system of education....etc...etc...etc (get the point?)

The Germans had, at the time, one of the highest standards of education of anyone in the world. Capitalist corporations saw this and the mental and physical discipline of the people and said "hey...I can make a buck here"...

And the rest is ugly history.

I don't think a fiat system of money is what rose them out of the collapse of post WW1...it was people impressed with their tenacity and discipline that invested in them....and then those investments were turned toward a war machine....

I agree with the points you have made.

I recommend reading “The Rise and Fall of the Third Reich” by William Shirer. It goes into great detail as to the financial investments the west made during this time in Germany and how Hitler took advantage of the wests willingness to fund the Nazi party in exchange for juicy manufacturing and chemical contracts.

reply to post by redoubt

Now before anyone feels the urge to fall upon me for speaking about Hitler in less than a negative way, please take note that all I am doing is relaying the history of what happened. I am no Nazi sympathizer by any stretch.

Wise words

It's hard, if not nearly impossible for me (and others I'm sure) to disassociate the German economy and the Rise of Hitler because so many atrocities were committed. So many people of various religious groups, sexual orientations, etc were murdered.

Setting that aside, someone else made a great point about the similarities between Hitler's model and Roosevelt's model.

It kind of makes sense in my mind. Is it not correct that behind the scenes, men like Roosevelt and Hitler were on the same team? Illuminati?

reply to post by MDDoxs


Hey thanks. I havent read that or heard of it. Its hard to find the right direction with no compass.

reply to post by Damrod


i think you make a great point with the education. They were so far ahead.

Maybe if we improve education that would fix everything. sure couldnt hurt.

Bring on the Charter Schools!

Originally posted by MDDoxs
reply to post by Damrod

 

I was reluctant to participate in this thread....weird....something about acknowledging Nazi germany in a positive light makes my skin crawl.

However...If I am not mistaken....the west invested in Germany for a couple of reasons. Number one...their system of education. They had the smartest engineers and scientist anywhere on the planet.

Number two...their system of education....etc...etc...etc (get the point?)

The Germans had, at the time, one of the highest standards of education of anyone in the world. Capitalist corporations saw this and the mental and physical discipline of the people and said "hey...I can make a buck here"...

And the rest is ugly history.

I don't think a fiat system of money is what rose them out of the collapse of post WW1...it was people impressed with their tenacity and discipline that invested in them....and then those investments were turned toward a war machine....

I agree with the points you have made.

I recommend reading “The Rise and Fall of the Third Reich” by William Shirer. It goes into great detail as to the financial investments the west made during this time in Germany and how Hitler took advantage of the wests willingness to fund the Nazi party in exchange for juicy manufacturing and chemical contracts.

edit on 10-4-2012 by MDDoxs because: (no reason given)

Thank you.

My position on the topic has nothing to do with right and wrong and what transpired after. I was basically pointing out an often overlooked fact. Germans were probably the best educated nation of the time. Their engineers, scientist and even their skilled tradesmen were the best in Europe if not the world. This attracted outside investors. Now at the time, the late 20's and early 30's...no one had a clue where it would end up. But there was a reason the investments came.

Just think post WW2. The Americans and the Russians scrambled to snap up all the scientist and engineers....and why do you think that is? because they were the best in the world at the time. Put aside the ugly and just realize the basic facts here. Germany was decades ahead of the rest of the world in technological advancement and investors saw this. Paperclip anyone?