Jun 8, 2020

Lust For Political Power Leads To Anger To Hate To Death To War


What was the real cause, in 1939, of  World War 2? 

It began in Europe, and actually grew out of the First World War.  WW1 resulted from a fanatical load of political greed, anger, and hatred, which then exploded into war set off by a single spark, the assassination of Archduke Franz Ferdinand of Austria-Hungary. That spark was not the real cause of WW1, it  was the trigger igniting a nation full of resentment, greed, lust for power, and hateful dynamite which had been building up over a long period of time. Germany lost the war but they never really gave up. They carried their grudge under a ship load of German currency which they printed with abandon to pay war debts and reparations to their victorious enemy, the Allies.  All of that mass printing, and deflating of German currency destroyed the buying power of their money through inflation.  At this point the Wiemar Republic, German people, were so frustrated, angry and ready for a strong leader, at any cost, they elected Adolph Hitler to restore the nation. Hitler, who served, as a corporal, in WW1, was a very angry, detestable man, whose unspoken mantra was, "German lives matter, but not Jews, Gypsies and Pollocks". So he led hate filled protests, attacks, and began to plunder, burn and destroy other people's nations, property and lives. Most Germans thought he was justified and followed him into World War 2.... which Germany also lost, but though their enemy won it, they gained nothing and lost a lot ... millions of lives and vast sums of wealth.

Most of the following from Wikipedia

The German Government's Fantasy
To pay for the large costs of the ongoing First World War, Germany suspended the gold standard (the convertibility of its currency to gold) when the war broke out. Unlike France, which imposed its first income tax to pay for the war, German Emperor Wilhelm II and the Reichstag decided unanimously to fund the war entirely by borrowing,[1] a decision criticized by financial experts such as Hjalmar Schacht as a dangerous risk for currency devaluation.[

The German Government's Delusion
The government believed that it would be able to pay off the debt by winning the war, as it would be able to annex resource-rich industrial territory in the west and east and impose massive reparations on the defeated Allies.[3] Thus, the exchange rate of the mark against the US dollar steadily devalued from 4.2 to 7.9 marks per dollar, a preliminary warning to the extreme postwar inflation.[4]

The German Government's Illusion
This strategy failed as Germany lost the war, which left the new Weimar Republic saddled with massive war debts that it could not afford, a problem exacerbated by printing money without any economic resources to back it.[3] The demand in the Treaty of Versailles for reparations further accelerated the decline in the value of the mark, with 48 paper marks required to buy a US dollar by late 1919. (Wikipedia).
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Now Our American Illusion
The value of paper currency, when measured by the numbers printed on it, is an illusion,  as in Wimar, Germany, an illusion based on defective, misguided politics.  The same delusion about fiet, green paper notes with pictures of presidents on it does not make money. Real money, according to our constitution is gold and silver. If there is enough gold or silver held in reserve to cover every green paper dollar, then that dollar contract, to pay the person who owns it a dollars worth of gold or silver, it has value. If not, it is worth nothing when it is eaten up by inflation except another broken promise of government.

A gold or silver certificate (bill) is still worth its printed amount or more in gold or silver. RB

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