A False History of the Reichsbank, Courtesy of Wikipedia
Executive Summary
- Private banking interests change history to reflect the information they want to be accepted.
- A perfect example of this is found in Wikipedia’s page on the Reichsbank.
Introduction
The Reichsbank is described by Wikipedia as follows..
“The Reichsbank was founded on 1 January 1876, shortly after the establishment of the German Empire in 1871. The mark, formerly backed by gold, evolved into the Papiermark (paper mark), backed by nothing. A 1937 law re-established the Reich Government’s control of the Reichsbank, and in 1939, the Reichsbank was renamed the Deutsche Reichsbank (“Bank of the German Reich”, lit.: “Bank of the German Realm”) and placed under the direct control of Adolf Hitler, with Walther Funk as the last president of the Reichsbank, from 1939 to 1945. A 1937 law re-established the Reich Government’s control of the Reichsbank, and in 1939, the Reichsbank was renamed the Deutsche Reichsbank (“Bank of the German Reich”, lit.: “Bank of the German Realm”) and placed under the direct control of Adolf Hitler, with Walther Funk as the last president of the Reichsbank, from 1939 to 1945.”
Source: Wikipedia
https://en.wikipedia.org/wiki/Economy_of_Nazi_Germany
What Is Wrong With This Explanation by Wikipedia?
This is a curious quote because it leaves out the Nazi’s establishment of debt-free government-issued money. It is repeatedly stated in different entries in Wikipedia that the Nazis went into debt, which led to their economic expansion.
Is Anything Missing from This Explanation?
Yes. Germany had lost WWI, and it faced a great decline in its productive capacity. This meant that more money was in the system than there were goods and services. However, the German debt-free money, based upon the US debt-free greenback, was an enormous boon to the German economy. This success in debt-free money placed Nazi Germany in the crosshairs of international private banking interests.