Majorityrights News > Category: Geopolitics

The Emperor Hitler wears no mustache

Hitler’s Finances and the Myth of Nazi Anti-Usury Activism

- by Anthony Migchels, Realcurrencies

There is the widespread notion that Hitler was fighting the Money Power and that he was a problem for the Bankers because he created a Usury free economy. But there was no Usury free Third Reich economy. The German taxpayer continued to pay interest over the substantial national debt and commercial banking received interest for its fractional reserve banking based loans, which to a large extent financed the war.

“Our greatest social task is the abolition of interest slavery. This responsibility to abolish interest slavery towers above all other issues of the day. It is the only solution to the greatest problem of our time. The breaking of interest slavery is the most important moral imperative in social terms, it rises in its general significance far beyond all questions of the day, it is the solution of social questions, it is the only way out of the terrible confusion of the time. The abolition of interest slavery will deliver us from ultra-capitalist domination while avoiding both Communist destruction of the human spirit and Capitalist degradation of labour. The abolition of interest slavery opens the way to a truly social economy, by liberating us from the overwhelming domination of money. It opens the way to a state based on creative work and genuine accomplishment.”

              – Gottfried Feder 1919

Where does Hitler’s reputation for anti-Usury activism come from? It was more Nazi propaganda to get him to power than his actual policies after he did. It was not Hitler, but Gottfried Feder who was the anti-Usury man of the Nazi.

Hitler in Mein Kampf:

” For the first time in my life I heard (through Feder, AM) a discussion which dealt with the principles of stock exchange capital and capital which was used for loan activities. After hearing the first lecture delivered by Feder, the idea immediately came into my head that I had found a way to one of the most essential prerequisites for the founding of a new party.

To my mind, Feder’s merit consisted in the ruthless and trenchant way in which he described the double character of the capital engaged in stock exchange and loan transactions, laying bare the fact that this capital is ever and always dependent on the payment of interest.”

And:

“The struggle against international finance capital and loan capital has become one of the most important points in the program on which the German nation has based its fight for economic freedom and independence.”

Point 11 of the NSDAP 25 point program, a manifesto that officially (but not in practice) expressed Nazi policy:

“Abolition of unearned (work and labour) incomes. Breaking of debt (interest)-slavery.”

Hitler put it this way:

“Our financial principle: Finance shall exist for the benefit of the state; the financial magnates shall not form a state within the state. Hence our aim to break the thralldom of interest.

Relief of the state, and hence of the nation, from its indebtedness to the great financial houses, which lend on interest. Nationalization of the Reichsbank and the issuing houses, which lend on interest.”

But as we shall see, Hitler did not implement any serious monetary reform after he came to power. He did make finance completely subservient to the State and, more specifically, rearmament. But he did not nationalize any banks and the Reichsbank was already nationalized by the Weimar Republic by the time he came to power. He did not end interest payments to ‘the issuing houses’, who must have made an uncanny fortune throughout the war. He did nothing to decouple the Stock Exchange from the economy.

Feder was made Secretary of State for Economic Affairs, but was from day one sabotaged by Reichsbank President Hjalmar Schacht and replaced by him in August 1934. It was Schacht who was to manage the Nazi economy, not Feder.

Schacht’s and Hitler’s policies allowed full control of the economy, which was used to maximize production for the sake of war. But it did absolutely nothing to limit in any way massive war profiteering by the financial and industrial classes that brought him to power.

The Reichsmark

The Reichsmark was created 1924 after its predecessor, the Papiermark, had been inflated into oblivion. 1 Reichsmark was 1 Trillion Papiermark. The Reichsmark lasted until 1948, when it was replaced by the Deutsche Mark. So Hitler simply used the monetary system that he inherited from the Weimar Republic. The Reichsmark, like any other banking unit, was lent into circulation. It was a Gold backed unit until 1931, when the depression forced the Reichsbank (the Central Bank) to implement exchange controls, which effectively took Germany off the Gold Standard. A Gold peg remained in place. There were 1, 2 and 5 Reichsmark silver coins.

Hitler inherited the official Weimar 4,5% maximum interest rate. He ruled by decree, but never changed this. In fact, after the Nazi economy began to boom due to heavy spending on rearmament, it seems interest rates were raised to combat inflation. I’ve been unable to find any data on real interest rates during the Nazi era.

Who was Hjalmar Schacht?

Schacht was born in 1877 as the son of an aristocratic family. He joined Dresdner Bank in 1903 and already in 1905 was meeting people like JP Morgan and Theodore Roosevelt. He studied Hebrew to advance his career. In 1908 he joined Freemasonry. He oversaw the financing of Belgian/German trade during WW1 and used his former employer Dresdner Bank for this. This blatant conflict of interest led to his dismissal, but the revolving door was not invented recently and he was taken back by Dresdner Bank after this.

In 1923 he joined the Reichsbank and played a key role in ending the hyperinflation of the day. A little later he was made President of the Reichsbank and remained in this post until 1930. Since at least 1923 he was actively resisting the war reparations that were destroying the German economy and called for resurrection of German power. In 1926 he became involved with the NSDAP and supported their rise to power, although he never became a member.

He oversaw the formation of I.G. Farben in the twenties.

Schacht was a member of the Keppler Circle, a small group of businessmen that were at the heart of the Nazi movement and which financed Hitler’s rise to power. Wall Street was very influential in this group and contrary to what many Hitler apologists claim, played a heavy role in both financing him and war profiteering.

Shortly after Hitler came to power he was reinstated as President of the Reichsbank and when he replaced Feder as Reichscommissar for the Economy, he basically gained full control over the economy. This lasted until he was fired in 1939, when the German economy was overheating and Schacht wanted to limit spending on rearmament and was accused of ‘mutiny’ by Hitler.

Banking in Nazi Germany before the war

After becoming President of the Reichsbank, Schacht immediately started implementing policies aiming at giving the State full control of financial markets. This was known as ‘the New Plan’:

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Forza Nuova U.S.A.

The Economist urges Europe to accept its merger with Africa gracefully

The Economist, owned by the Rothschilds, has always been at the forefront of globalism. Back in the early days of mass migration, it mocked those, such as Cyril Osborne, who warned that the population reserves of the Third World were infinite, and Europeans would seen be faced with minority status if the influx was allowed to continue.

Here we are only a few decades later and the Economist, in the same imperturbably smug tone that is its hallmark, now tells Europeans that their being merged with Africa is now inevitable and they should accept it gracefully.

Europe’s deluded politicians still say that we need to encourage development in Africa to stop them coming here. But as the Economist makes clear, prosperity acts as a driver of immigration, not the obverse.

Today’s waves of African migration are merely a prelude. Of the 2.2bn citizens added to the global population by 2050, 1.3bn will be Africans—about the size of China’s population today. And more of them will have the means to travel. Those Africans risking the trip north across the Mediterranean today are not the poorest, but those with a mobile phone to organise the trip and money to pay smugglers. Few of the Nigerians who attempt the crossing are from their country’s poor north, for example; almost all are from its wealthier south. As African countries gradually prosper, migration will surely increase, not decrease. Emmanuel Macron raised these points in a recent interview. The French president was recommending a new book, “The Rush to Europe”, published in French by Stephen Smith of Duke University, which models past international migrations like that of Mexicans into America to show that the number of Afro-Europeans (Europeans with African roots) could rise from 9m at present to between 150m and 200m by 2050, perhaps a quarter of Europe’s total population.

Rape is probably inevitable, women. Rather than resist it, you should do your best to try and enjoy it. Maybe your rapist will turn out to be a nice guy. You can have little brown sprogs with him and live happily ever after.

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Civil War in American Judaism /

Synagogue Massacre Aftermath

Ending Birth-Right Citizenship is inherently important, but at this point, is it a sedative injection for America’s already baked-in Mulatto supremacist trajectory?

Is it just tossing a bone to right wing sell outs - a bone picked clean of loyal White interests? - for the Zionist quid pro quo?

Wall Street Journal, 30 Oct 2018:

“Trump Wants to Curb Birthright Citizenship, Escalating Immigration Debate”

Legal scholars dismiss the idea, saying a president lacks standing to do it on his own

WASHINGTON—President Trump said he wants to sign an executive order that ends the automatic right to citizenship for anyone born in the U.S., ratcheting up his election-season remarks on immigration with a proposal many legal scholars said is unconstitutional.

In an interview published Tuesday morning, just ahead of next week’s midterms, Mr. Trump said he planned an executive order to end what is known as birthright citizenship, bypassing Congress and waving off the belief of many legal scholars that such a move would require a change to the Constitution.

“It was always told to me that you needed a constitutional amendment. Guess what? You don’t,” he told Axios. “It’s in the process. It’ll happen, with an executive order.”

Born in the U.S.Since 2007, the number of births to unauthorized immigrants has declined. Source: Pew Research Center

Constitutional scholars dismissed the idea, saying a president has no legal standing to end birthright citizenship with an executive order. “It’s basically saying the president is above the Constitution,” said Laura K. Donohue, a senior scholar at the Georgetown Center for the Constitution.

The White House didn’t further explain Mr. Trump’s assertion that he alone could make the move, and it didn’t provide further details about the scope of the proposed executive order or the timing.

“We will let you know when we have an announcement,” White House press secretary Sarah Sanders said.

Birthright citizenship is a pillar of U.S. immigration law and is protected by the Constitution’s 14th Amendment, which, among other goals, was designed to grant full citizenship to former slaves. But some conservatives who favor more restrictive immigration laws have opposed the policy, saying it improperly rewards the children of people in the country who lack proper documentation.

Mr. Trump’s proposal is the latest in a string of pronouncements as he seeks to invigorate GOP voters ahead of the midterms. He recently suggested a middle-income tax cut that appeared to surprise both his staff and lawmakers. Last week, he said he would seek to cut prices that Medicare pays for some prescription drugs, but that wouldn’t go into effect until late 2019 or 2020.

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Interesting that if one so much as intimates the slightest defense of Poland (e.g., against chauvinism and imperialism) that you will project your mindless German chauvinism (a troll commentor had said that I am a “mindless Polish chauvinist” and that is why MR is unpopular); with a reactionary part of a large demographic under more direct pressure of PC lies, thus going with the pretense that it cares for sheer truth by reaction - it is backed by Jewry as the third default position:

1) Sheer liberalism is their preferred position for Whites (direct betrayal of Whites and White atomization).

2) Christianity as it places Whites mindlessly under the yoke of Abrahamic law (the golden rule is mindless; the gentiles are not ethnicity organized as such).

3) Failing that, they will encourage Nazism - the clear chauvinism - as they know it will repulse most normal people and lead to antagonism among Whites where not otherwise sending us headlong into disaster. ..perhaps take care of some ‘traitorous’ Jews all too intermarried with Germans, Poles, other ‘goyim.’

4) Failing that they will encourage sundry and motley no-account, right wing reactions that help to atomize would-be White organization and coordination:

a) No account scientism and objectivism for the higher I.Q.

b) Conspiracy theories; and ideologies beyond reality and verification for the less intelligent;
or to cover that part of their intelligence that isn’t (lacks judgment).

I am not lonely, but your bubble that appears as camaraderie is based on illusion and lies; along with (((marketing))) of tropes and memes in YKW interest.

Enabling some stupid dude like yourself to absurdly accuse me of “mindless Polish chauvinism”, if I defend ethnonationalism.

Nor am I a chauvinist of any kind. I’m ethnonationalist, defending ethnonationalism of all kinds, but the European kind and its coordination to begin with.

Nazism is the clear imperialist supremacism, programmatic of disaster. And scientism - viz., scientistic reaction - is the mindlessness that lets it be guided headlong to disaster. Get with the reality of praxis instead, get with the ethnonational program.

J.F. Gariepy: “One of the major historians of World War II” Thomas Goodrich: “From what I’ve read..

..from what I’ve read it was a virtual massacre of German residents living in areas under Polish control.”

J.F. Gariepy: “Alright, so that would be quite shocking.”    Thomas Goodrich: “Or maybe”...

The real question is why recycled Nazi propaganda has any sort of currency today and why it should have any credibility beyond your typical Internet lunatic fringe.

For the answer, return to the top of the page and read again (further orienting clue, it’s part and parcel of the YKW’s interest in having Whites identify with right wing reaction).

New Observer, “EU’s “Relocation” of Fake Refugees and Invaders by Country and Number”, 28 Sept 2018:

       

According to statistics kept by the United Nation’s International Organization for Migration (IOM), a total of 34,694 invaders—22,005 from Greece, and 12,689 from Italy—have been “relocated” to 24 other European states since the program began. This does not include the 11,000 who have been sent to the UK.

According to the IOM figures, as of April 30, 2018, the following nations had “received” invaders as follows:

Austria: From Greece 0; From Italy 43; Total 43.

Belgium: From Greece 700; From Italy 471; Total 1,171.

Bulgaria: From Greece 50; From Italy 10; Total 60.

Croatia: From Greece 60; From Italy 22; Total 82.

Cyprus: From Greece 96; From Italy 47; Total 143.

Czech Republic: From Greece 12; From Italy 0; Total 12.

Estonia: From Greece 141; From Italy 6; Total 147.

Finland: From Greece 1,202; From Italy 778; Total 1,980.

France: From Greece 4,400; From Italy 635; Total 5,035.

Germany: From Greece 5,391; From Italy 5,434; Total 10,825.

Ireland: From Greece 1,022; From Italy 0; Total 1,022.

Latvia: From Greece 294; From Italy 34; Total 328.

Liechtenstein From Greece 10; From Italy 0; Total 10.

Lithuania From Greece 355; From Italy 29; Total 384.

Luxembourg From Greece 300; From Italy 249; Total 549.

Malta From Greece 101; From Italy 67; Total 168.

Netherlands From Greece 1,755; From Italy 1,020; Total 2,775.

Norway From Greece 693; From Italy 815; Total 1,508.

Portugal From Greece 1,192; From Italy 356; Total 1,548.

Romania From Greece 683; From Italy 45; Total 728.

Slovenia From Greece 172; From Italy 81; Total 253.

Slovakia From Greece 16; From Italy 0; Total 16.

Spain From Greece 1,124; From Italy 235; Total 1,359.

Sweden From Greece 1,656; From Italy 1,392; Total 3,048.

Switzerland From Greece 580; From Italy 920; Total 1,500.

Britain is notably absent from these IOM figures, for reasons unknown. However, this does not mean that the UK has not participated in the scheme. So far, according to official figures, at least 11,000 fake refugees have been taken in by that country since the “relocations” began

The “relocation” program was adopted in September 2015 “to relocate asylum seekers from Italy and Greece, to assist them in dealing with the pressures of the refugee crisis.”

Under the scheme, up to 106,000 invaders “with a high chance of having their applications successfully processed (EU average recognition rate of over 75%) were to be relocated from Greece and Italy, where they had arrived, to other Member States where they would have their asylum applications processed.”

A majority of them were male (63 percent), adults (68 percent), and of Syrian (52 percent), Eritrean (35 percent) and Iraqi (11 percent) nationality. The scheme also included 585 “unaccompanied minors.”

It is this scheme to which the Hungarian and Polish governments have objected, and in which they have refused to participate, arguing that none of these so-called “refugees” are in fact fleeing for their lives, and that all have safe haven either in their country of origin or in states much closer to their homes.

In this photo July 21, 2016, photo, then-Trump campaign manager Paul Manafort, right, watches with then-Republican presidential candidate Donald Trump and Manafort’s chief deputy Rick Gates, left, as Ivanka Trump rehearses for the Republican National Convention in Cleveland. (AP Photo/Evan Vucci)

New York Times, “Rick Gates Sought Online Manipulation Plans From Israeli Intelligence Firm for Trump Campaign”, 8 October 2018:

WASHINGTON — A top Trump campaign official requested proposals in 2016 from an Israeli company to create fake online identities, to use social media manipulation and to gather intelligence to help defeat Republican primary race opponents and Hillary Clinton, according to interviews and copies of the proposals.

The Trump campaign’s interest in the work began as Russians were escalating their effort to aid Donald J. Trump. Though the Israeli company’s pitches were narrower than Moscow’s interference campaign and appear unconnected, the documents show that a senior Trump aide saw promise in a disruption effort to swing voters in Mr. Trump’s favor.

The campaign official, Rick Gates, sought one proposal to use bogus personas to target and sway 5,000 delegates to the 2016 Republican National Convention by attacking Senator Ted Cruz of Texas, Mr. Trump’s main opponent at the time. Another proposal describes opposition research and “complementary intelligence activities” about Mrs. Clinton and people close to her, according to copies of the proposals obtained by The New York Times and interviews with four people involved in creating the documents.

Documents from Psy-Group laying out its proposals for the Trump campaign.

A third proposal by the company, Psy-Group, which is staffed by former Israeli intelligence operatives, sketched out a monthslong plan to help Mr. Trump by using social media to help expose or amplify division among rival campaigns and factions. The proposals, part of what Psy-Group called “Project Rome,” used code names to identify the players — Mr. Trump was “Lion” and Mrs. Clinton was “Forest.” Mr. Cruz, who Trump campaign officials feared might lead a revolt over the Republican presidential nomination, was “Bear.”

[An Israeli company drew up digital manipulation proposals for a Trump campaign aide. Read them here.]

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Big Brother, the boomer generation, is not watching, is not looking after your interests. He has disingenuously allowed the once more relevant fear of collectivism to be over-extended in his selfish interests at the expense of our group survival - not looking-after, but blocking “Little Brother,” viz., generation Xers corrective concern regarding atomization - the obvious vulnerability and destruction of our individuals and group, systemic survival thereupon.

And now these selfish pigs are aligning with right-wing Jewish interests - either naively or disingenuously - to bypass the ethnonational left corrective of gen-Xers, to instead mainline the parasite’s directives directly for an advanced stage take-over through generation internet bubble - instant experts, ‘knowing-it-all’ thanks to taking Big Brother’s (((directed vigilance))) against “The Left.” ...the YKW don’t want the gentiles to get any grass-roots union organizing ideas now that they have hegemony in all elite niches; they just want right-wingers who disingenuously or naively comply with thwarting those nascent Left Ethnonationalist challenges to them (let alone any coalition building of ethnonationalisms against them).

Little Brother’s Concerns are Not being looked-after.

... that is to say, necessary philosophical corrections of the Gen-Xers are not.

“The attempt to sideline positions such as this as on one side or the other of the “individual vs collective” divide is, itself, a most egregious Cartesian attack.”

The Hermeneuticist doesn’t side track issues by balancing concern for individual and collective (for example), in circulating corrective of Cartesian runaway, in this case of the boomer generations’ emphasis, which is now an over-emphasis on concerns over collectivization - but rather recognizes that the emphasis for our people now has to be more directed toward correcting our atomization as a people resulting from the rupture of ethnonationalist unionization and accountability thereof; which is destroying the very grounds even of what distinct individualism that European species affords.

                               
All American highschoolers of the 50s and 60s were assigned (((Kafka’s))) book, with a sci-fi nightmare culmination in eusocial take-over. They were also assigned Orwell’s 1984 story of the negative utopian horrors of collectivism, to where the YKW had taken accountability, that is to say, accounts requested, beyond all reason (producing the insanity of the Stasi and a Merkel).

It is apparent now, that the parasite is encouraging WN in right-wing reaction against the so called left (against the cartoon exaggerations of their international left as disingenuously lumped with proper White and non-Jewish left ethnonationalism); that right wing reactions that double down in the reaction against YKW abuse of left conceptualization of the social and group, are being encouraged, where not prescribed by them as the parasite merges with the host Whites to drive over the top and to ultimate dissolution those aspects which will not be totally merged and controlled by its Jewish agenda for thorough supremacy over the “gentiles.”

        The WN Right-Wing merges with and then reacts in accordance to the parasite’s directives and drives.