When Money Dies: The Nightmare of the Weimar Collapse

by Anina Malherbe-Lan | Jan 2, 2023 | POLITICS & FINANCE

Breweries everywhere, reparations, spiraling inflation. Where is that happening today..?

Wondering about if/when there is a transition to hyperinflation in the West from regular, awful — back-breaking inflation. What might precipitate this slide? Obviously, CBDC’s look like a good ‘way around this’ potential issue from the perspective of monetary controllers. Effectively, making a sacrifice of physical currency while rolling out the ‘new and improved’ digital equivalent. ‘Trust us.’ — they’ll say. Perhaps the financial overlords will even gaslight the public and blame the cause(s) of the destruction of physical currency on the public itself.

What do historical precursors tell us about what the lead-up will be like?

It’s interesting — in a train-wreck kind of way — how similar 1920s Germany was to 2020s USA.

There were biergartens everywhere (modern breweries) and few citizens seemed adequately attuned with the social issues of the time. Choosing escapism as many do and will continue to do over trying to root out the origins of the issues of their time. Suddenly, they found themselves helpless and being sleepwalked into authoritarianism as a result of that ignorance.

It’s quite likely that too was an intelligence plot — as Hitler had many wealthy Western backers. To read more about this — there are several books on the topic.

One of them is called ‘Who Financed Hitler – The Secret Funding of Hitler’s Rise to Power 1919-1933’ — this is an excerpt:

Adolf Hitler did not come to power easily. He began his political career in 1919 and did not become Chancellor until fourteen years later in 1933. During this time it took a tremendous sum of money to support the Nazi Party. Where it came from, who provided it, and why, are the topics of this book.

There have been many books written on the Nazi period, but this most important aspect of Hitler’s activity-one of the very keys to his success-has never been dealt with. One reason is that much of the information about financial contributions has only recently come to light, but the primary reason is an understandable reluctance to acknowledge the ease with which money can subvert the democratic process.

Essentially, outside — primarily Western — resources substantially supported Hitler’s taking of power in Germany.

In light of this, there are almost as many questions as answers.

Are some/many of the modern cultural issues with which people are consumed manufactured in order to pressure entire societies in different countries in and out of particular phases?

It would seem so. But who, or what, is driving these types of issues? Clearly — monied interests on the surface..and certainly so-called ‘philanthropists’ have a large role to play.

There exists Big Money behind the kinds of woke movements — like reparations — that are also making a return. After WWI — Germany was forced to pay war reparations to France and other countries they had blown up during the war. More recently, with the push for ‘slavery reparations’ in the United States seems to make an eery parallel.

The untold sums of money required to ‘right’ these ‘wrongs’ may have similar, unintended (or intended?) impacts — if they are indeed in the ‘trillions’ of dollars, as requested. This does not bode well — the unhealthy obsession with past wrongdoings was something that, until recently, was well understood to be a primary driver behind the outbreak of WWII, in that the economic devastation caused by the end of WWI and the accompanying treaties directly contributed to WWII.

It does seem like these mistakes and missteps are being repeated again, and with big money behind them. Again.

From ‘When Money Dies’:

WHEN a nation’s money is no longer a source of security, and when inflation has become the concern of an entire people, it is natural to turn for information and guidance to the history of other societies who have already undergone this most tragic and upsetting of human experiences. Yet to survey the great array of literature of all kinds — economic, military, social, historic, political, and biographical — which deals with the fortunes of the defeated Central Powers after the First World War is to discover one particular shortage. Either the economic analyses of the times (for reasons best known to economists who sometimes tend to think that inflations are deliberate acts of fiscal policy) have ignored the human element, to say nothing in the case of the Weimar Republic and of post-revolutionary Austria of the military and political elements; or the historical accounts, though of impressive erudition and insight, have overlooked — or at least much underestimated — inflation as one of the most powerful engines of the upheavals which they narrate.

[…]

In October 1923 it was noted in the British Embassy in Berlin that the number of marks to the pound equalled the number of yards to the sun. Dr Schacht, Germany’s National Currency Commissioner, explained that at the end of the Great War one could in theory have bought 500,000,000,000 eggs for the same price as that for which, five years later, only a single egg was procurable. When stability returned, the sum of paper marks needed to buy a gold mark was precisely equal to the quantity of square millimetres in a square kilometre. It is far from certain that such calculations helped anyone to understand what was going on; so let the un- mathematical reader take heart.

[…]

This is, I believe, a moral tale. It goes far to prove the revolutionary axiom that if you wish to destroy a nation you must corrupt its currency. Thus must sound money be the first bastion of a society’s defence.

Part 2 to follow!

Article from The Farm: https://farm.substack.com/p/part-1-when-money-dies-the-nightmare?utm_source=post-email-title&publication_id=1168786&post_id=94248689&isFreemail=true&utm_medium=email