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[–] 17588371? ago 

He abolished the (((central bank))) that was lending currency to the Weimar government at interest without any relation to labour

he = who ?

>>13008250

In its place he produced his own currency issued directly by the National Socialist government without being borrowed from anybody and without interest in direct relation to labour (GDP) as nothing more than a token that represented economic value derived from labour in order to exchange that labour for other peoples labour (i.e.goods and services).

he = who ?

do you think this ?

Economic reforms, such as the issue of a new provisional currency – the Rentenmark – and the 1924 Dawes Plan, stabilised German monetary development and thus the economic outlook of the Weimar Republic. One of the key reforms caused by the Dawes Plan was the establishment of the Reichsbank as an institution independent of the Reich government. On 30 August 1924, the Reichsbank began issuing the Reichsmark, which served as the German currency until 1948.

do you mean Walther Funk ?

Funk, who was a nationalist and anti-Marxist, resigned from the newspaper in the summer of 1931 and joined the Nazi Party, becoming close to Gregor Strasser, who arranged his first meeting with Adolf Hitler….He boasted that by 1938, the German state had confiscated Jewish property worth two million marks, using decrees from Hitler and other top Nazis to force German Jews to leave their property and assets to the State if they emigrated, such as the Reich Flight Tax….Between April 1938-March 1939 Funk was a Director of the Swiss-based multi-national Bank of International Settlements,[1] and in January 1939, Hitler appointed Funk as President of the Reichsbank, replacing Schacht. He was appointed to the Central Planning Board in September 1943.https://en.wikipedia.org/wiki/Walther_Funk

Walther Funk was the one who made deals with swiss to ship gold from germany to swiss and then further to only place that can sell this amount of gold. london fix that was run at the time by rothschild.

>>13008250

This meant that all he needed to do was find PRODUCTIVE labour for his people producing goods and services that people wanted or needed and simply issue the appropriate economic value tokens to represent that productive labour so that those performing the work could spend the economic value thus generated. This worked because unlike the capitalists claims to the contrary, all economy is based on PRODUCTIVE LABOUR.

economic value tokens = MEFO ?

this is what you are talking about ? that economic value tokens were MEFO https://en.wikipedia.org/wiki/Mefo_bills

dummy company was set up in May 1933 as a front for purchases from four German armament manufacturers, Krupp, Siemens, Gutehofnungshütte, and Rheinmetall. The four companies pooled together over 1 billion Reichsmark

(equivalent to 4 billion 2009 euros) where the National Socialist government agreed to repay the money with five-year promissory notes.

>>13008250

Because the money (Economic value tokens) wasn’t borrowed, didn’t need paying back, didn’t charge people interest to have them and was there fore debt free he didn’t accrue any debt by issuing them and thus so long as the issuance of currency matched GDP and the labour that generated GDP was productive then no economic negatives occurred.

or do you talk about Oeffa bills ?

In 1932, Öffa bills were created by the second cabinet under chancellor Heinrich Brüning after consultation with the then President of the Reichsbank, Hans Luther. The bills were issued by the Deutsche Gesellschaft für öffentliche Arbeiten AG (English: German Society for Public Works AG), founded 1 August 1930, and rediscounted by the Reichsbank. With the capital thus raised, the Deutsche Gesellschaft für öffentliche Arbeiten AG financed public building initiatives. It was a shell company without sufficient shareholders' equity. Nevertheless, the bills were discounted by the Reichsbank. This way, the Reichsbank financed public building projects.

In the wake of the Great Depression, this hidden money creation stimulated the German economy. The German Deutsche Gesellschaft für öffentliche Arbeiten AG brought into circulation Öffa bills worth 1.26 billion Reichsmark. In general, the duration of a bill was three months but it could be prolonged to five years.[3]https://en.wikipedia.org/wiki/Oeffa_bills

3 reich just printed money out of nothing. reichbank was doing the same thing that FED is doing now. it is the same scheme.

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[–] 17599557? ago 

replacing Schacht

Who was a traitor and actually refusing to give full control of the bank to the 3rd Reich. When he got ousted, it sent a message that it would be impossible to retain any form of control over the German's economy. Hence what happened after and the ensuing war.

3 reich just printed money out of nothing. reichbank was doing the same thing that FED is doing now. it is the same scheme.

ALL money is printed out of nothing. Only libertarians see a problem with this. Fiat money isn't an issue in itself, it's just a tool that can backfire or be used for evil purposes, but if in good hands, it's very useful.

Also Germany bartered a lot.

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[–] 17590716? ago 

Who=Hitler, see Gottfried Feder:

https://archive.org/details/Feder-Gottfried-Das-Programm-der-NSDAP

&

https://archive.org/details/manifesto-for-abolition-enslavement-interest-on-money-gottfried-feder

Economic value tokens = Money.

Thats all money is. A token that represents a specified amount of economic value/buying power. In a NS economy its backed by labour ie. it is simply a 'receipt' for productive labour that can be exchanged for other goods and services and is issued by the government without interest in direct relation to the nations GDP.

But in a capitalist economy money is instead backed by nothing but the whims of the (((central bankers))) and the control they exert by the amount of money they issue and the interest they charge to the government and thus the people.

In short:

Capitalism controls labour, economy, government and society through money: The tail wags the dog.

In National Socialism the economy and the labour that creates it controls money: The dog wags the tail.

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[–] 17590718? ago 

Sorry, posted the German link. Here is the Programme in English:

https://archive.org/details/GottfriedFeder_TheProgramOfTheNSDAP/page/n1

And here is a general overview of how it played out if you like:

https://www.bitchute.com/video/Ld8fxzEXZ2Qz/