Sovereign credit issued starting in 33 was Oeffabills, which was the brainchild of Rienhardt, not Schacht. The oeffabills were bills of credit similar to Colonial money, like Pine Tree Shillings, or George Washingtons Continentals. Sovereign credit aimed at industry is what made Germany productive, and they were resurrecting what they had learned and implemented from Frederick List under the Kaiser. Schact had to be dragged along to create Mefobills which channeled into military goods. Schacht did a good job on import substitution and even better on trading banks. China has copied trading bank scheme and using it to trade outside the dollar with Venezuala.
Weimar inflation was due to exchange rates. Then bear raids (shorting). Schact stopped the inflation with retenmarks, not gold. Gold and dollars and pounds were the guarantor for the bear raiders. Schact also slammed the heads of private bankers using the Reichsbank other powers, like not covering call loans. See Michael Hudson on the triangular flow to understand. Also, Zarlinga who has done the best work.
Boy, you really put him in his place, Rabbi Badam. Of all the things to nit-pick over. You do realise Jones lived in Germany during the 1970s and speaks fluent German…right? Or were you ignorant of that indisputable fact? Could it be that you need to do a little more homework about him before you open your lox-munching mouth of yours? I also lived in Germany myself, from 1999-2004. I went to school there and worked there. Plenty of native English-speakers mispronounce “w” words in German, at least sometimes. I never did, but I knew people that certainly did. Your petty, effeminate attacks over a minor mispronunciation truly speaks volumes about your personality.
How do people interested in a subject mispronounce names..... Weimar....with a V.... Vy-mar! I hear misprounciations in WWI & II audiobooks all the time!
9:13 Father Couglin was on the German payroll years before Kristallnacht "Judea declared war on Germany" - pretty stupid claim if you consider that antisemitic laws were issued years before Kristallnacht. Just a little shuffling of chronology by Jones to fit his agenda
8:43 It would have been civilians, that would have done most of the dirty work. Ηιτlεr had a few people, very high up, close to him, that on extremely rare occasion, would go rogue, like creating “Crystal night”, and this leadership was biting its tongue, waiting till after the war to make a challenge, to Ηιτlεr. I have a sneaking suspicion they were Pagans also. Eventually after the war, they would have initiated some kind of civil war within the political party.
Impressed with Jones on this talk
Twain expressed it best, I think, in his famous remark about the way history doesn’t repeat itself so much as it _rhymes._
I miss Dr Jones
@@seancoleman5021 thanks
Sovereign credit issued starting in 33 was Oeffabills, which was the brainchild of Rienhardt, not Schacht. The oeffabills were bills of credit similar to Colonial money, like Pine Tree Shillings, or George Washingtons Continentals. Sovereign credit aimed at industry is what made Germany productive, and they were resurrecting what they had learned and implemented from Frederick List under the Kaiser. Schact had to be dragged along to create Mefobills which channeled into military goods. Schacht did a good job on import substitution and even better on trading banks. China has copied trading bank scheme and using it to trade outside the dollar with Venezuala.
Weimerica
Weimar inflation was due to exchange rates. Then bear raids (shorting). Schact stopped the inflation with retenmarks, not gold. Gold and dollars and pounds were the guarantor for the bear raiders. Schact also slammed the heads of private bankers using the Reichsbank other powers, like not covering call loans. See Michael Hudson on the triangular flow to understand. Also, Zarlinga who has done the best work.
Where can I listen to the full episode?
Krystal Nacht was actually triggered by the assassination of a German diplomat by a Jew.
Yep.And after a (worldwide) boycot on German goods.
Lol. FDR was crippled. I caught that.
It's "Vaimar" not "Whymar"
Boy, you really put him in his place, Rabbi Badam. Of all the things to nit-pick over.
You do realise Jones lived in Germany during the 1970s and speaks fluent German…right? Or were you ignorant of that indisputable fact? Could it be that you need to do a little more homework about him before you open your lox-munching mouth of yours? I also lived in Germany myself, from 1999-2004. I went to school there and worked there. Plenty of native English-speakers mispronounce “w” words in German, at least sometimes. I never did, but I knew people that certainly did. Your petty, effeminate attacks over a minor mispronunciation truly speaks volumes about your personality.
Tomato, tomahtoe. Radiator, raydiator.
Words....
Rosencrantz and Guildenstern Are Dead.
You speak out the W
Ich bin Deutsch.You say it like it is spelled.WEImar and not VEImar.
@@robertovalero6186 In english V is spelled like german W dumbo
He missed a few things, but it was just a quick summary.
How do people interested in a subject mispronounce names..... Weimar....with a V.... Vy-mar! I hear misprounciations in WWI & II audiobooks all the time!
9:13 Father Couglin was on the German payroll years before Kristallnacht
"Judea declared war on Germany" - pretty stupid claim if you consider that antisemitic laws were issued years before Kristallnacht. Just a little shuffling of chronology by Jones to fit his agenda
that was a british headline in 1933.
@@conantheseptuagenarian3824 Newspaper headline =/= declaration of war. Grasping at straws like that is really silly.
@@adambadam4870 if judea declares jihad financial will it be.
@@conantheseptuagenarian3824 There was no judea to declare anything
@@adambadam4870 alright, rabbi.
Unsubbed
Jieu spotted
HAHAH G@Y DISCO GOER
You don’t have to announce your departure, small 🎩
8:43 It would have been civilians, that would have done most of the dirty work. Ηιτlεr had a few people, very high up, close to him, that on extremely rare occasion, would go rogue, like creating “Crystal night”, and this leadership was biting its tongue, waiting till after the war to make a challenge, to Ηιτlεr. I have a sneaking suspicion they were Pagans also. Eventually after the war, they would have initiated some kind of civil war within the political party.