by John Hamer
Like the US Federal Reserve, the Reichsbank was overseen by appointed government officials, but was operated for private gain. What drove the wartime inflation into hyperinflation was speculation by foreign investors, who sold the German Mark short, betting on its decreasing value. In the manipulative device known as the ‘short sell’, speculators borrow something they do not own, sell it, and then ‘cover’ by buying it back at the lower price.
Speculation in the German Mark was made possible because the privately owned Reichsbank (not yet under Nazi control) made massive amounts of currency available for borrowing. This currency, like all first-world currency today, was created with accounting entries in the bank’s books and then this ‘magic’ money was lent at compound interest. When the Reichsbank could not keep up with the voracious demand for Marks, other private banks were then allowed to also create Marks out of nothing and to lend them at interest. The result was runaway debt and inflation.
On the 24th June 1922, right-wing fanatics assassinated Walter Rathenau, the moderate German foreign minister. Rathenau was a charismatic figure and the idea that a popular, wealthy and glamorous government minister could be shot in a law-abiding society shattered the faith of the German people, who needed to believe that the country was in safe hands after the trauma of the previous decade. The wealthier, by now extremely nervous citizens were already taking their money out of banks and investing it into ‘real goods’ such as diamonds, works of art and safe real-estate, with true intrinsic values, unlike currency which the Elite will manipulate up or downwards to suit their own agendas. Eventually, the ordinary German citizens also began to trade their Marks for real commodities.
The British historian Adam Fergusson noted that pianos were being bought, even by non-musical families. Sellers held back because the Mark was worth less every day and as prices soared, the amounts of currency demanded became greater and greater and the German Central Bank responded to these demands through the printing of more, increasingly worthless paper. Yet still the ruling authorities did not acknowledge that there was anything amiss. A leading financial newspaper at the time, reported that the amounts of money in circulation were not excessively high but nevertheless Dr. Rudolf Havenstein, the president of the Reichsbank (German equivalent to the Federal Reserve / Bank of England) told an economics professor that he needed a new suit but wasn't going to buy one until prices came down.
Why did the German government not act sooner to halt the inflation? The problem was partly that it was a shaky, fragile government, especially after the assassination of Rathenau. The vengeful French sent their army into the Ruhr to enforce their demands for reparations due under the Versailles Treaty and the Germans were powerless to resist due to the virtual disbandment of their armed forces and they feared unemployment far more than inflation. In 1919, Communists had attempted a coup and severe unemployment may have given the Communists another opportunity to seize power. The great German industrial combines Krupp, Thyssen, IG Farben and Stinnes welcomed the inflation and survived it well by astute forward planning and possibly foreknowledge of what was to come. A cheaper Mark, they reasoned, would make German goods cheap and easy to export and they needed the export earnings to buy raw materials abroad. Inflation kept everyone working.
And so the printing presses continued producing the ever-decreasing in value Mark and once they began to run, they were impossible to stop. The price increases became unmanageable. Menus in cafes could not be revised quickly enough to keep up with the speed of the inflation. A student at Freiburg University ordered a cup of coffee at a café and the price on the menu was 5,000 Marks per cup. He had two cups but when the bill arrived, it was for 14,000 Marks. ‘If you want to save money and you want two cups of coffee, you should order them both at the same time’, he was told by the proprietor.
Things became so bad that people would not even bother to bend down to pick up a one hundred million Mark note carelessly discarded by a passer-by as by that time it had become worth less than the paper upon which it was printed. There was a famous case of a man walking along a street on a shopping trip to buy bread, carrying his money in a large wicker basket, such was the quantity and bulk of the notes he needed to carry. Upon unsuccessfully attempting to enter a particularly busy shop, he reasoned that he could quite safely leave most of his money outside in the basket as no-one would bother to risk stealing such a bulky yet paltry amount of money. He was absolutely correct. When he returned, he found his money was all still there but someone had stolen his basket!
The presses of the Reichsbank could not keep up to demand, even though they ran through the night. Individual cities and states began to issue their own money and Dr. Havenstein, the president of the Reichsbank, did not get his new suit. A factory worker described payday, which was every day at 11 am: ‘At 11:00 in the morning a siren sounded, and everyone gathered in the factory forecourt, where a five-ton lorry was drawn up loaded to overflowing with paper money. The chief cashier and his assistants climbed up on top. They read out names and just threw out bundles of notes. As soon as you had caught one you made a dash for the nearest shop and bought just anything that was going.’ Teachers, paid at 10 am, brought their money to the playground, where relatives took the bundles and hurried off with them. Banks closed at 11am as by this time they had invariably run out of cash anyway.
The flight from currency that had begun with the buying of diamonds, gold, country houses and antiques now extended to minor and almost useless items, bric-a-brac, soap and hairpins to name but a few. This hitherto law-abiding country crumbled into petty thievery, petrol (gasoline) was siphoned from cars and people bought things they didn't need and used them to barter. A pair of shoes for a shirt or some crockery for coffee. Berlin had an unreal atmosphere, prostitutes of both sexes roamed the streets and cocaine was the fashionable drug. When the 1,000-billion Mark note was first issued in 1923, few bothered to collect the change when they spent it. By November 1923, with one dollar equal to one trillion Marks, the breakdown was complete and the German economy had become one of barter. The currency had completely lost its meaning.
Then, a new president took over the Reichsbank, Horace Greeley Hjalmar Schacht, who came by his first two names because of his father's admiration for an editor of the New York Tribune. The Rentenmark was not Schacht's idea, but he executed it and as the Reichsbank president, he got the credit for it. For decades afterward he was able to maintain a reputation for financial wizardry and he became the architect of the financial prosperity brought by the Nazi party.
Obviously, although the currency was worthless, Germany was still a rich country with mines, farms, factories, and natural resources aplenty. The backing for the Rentenmark was mortgages on the land and bonds on the factories, but that backing was a fiction; the factories and land could not be turned into cash or used abroad. Nine zeros were struck from the currency, that is, one Rentenmark was equal to one billion old Marks. The Germans wanted desperately to believe in the Rentenmark, and so they simply did.
But although the country slowly began to function almost normally again, the savings of the middle-classes were never restored, nor were the values of hard work and decency that had accompanied the savings. With the currency went many of the lifetime plans of average, ordinary citizens. It was the custom for the bride to bring some money to a marriage; so many marriages were called off and many widows dependent on insurance found themselves destitute. People who had worked for a lifetime and built up a sizeable pension fund, found that their pensions would not even buy a cup of coffee. Such are the ways that the ordinary citizens of the world are cheated out of the money by these vultures.
“The cities were still there, the houses not yet bombed and in ruins, but the victims were millions of people. They had lost their fortunes, their savings; they were dazed and inflation-shocked and did not understand how it had happened to them and who the foe was who had defeated them. Yet they had lost their self-assurance, their feeling that they themselves
could be the masters of their own lives if only they worked hard enough; and lost, too, were the old values of morals, of ethics, of decency.” Pearl Buck, American author
Thus, according to Schacht himself, the German government did not cause the Weimar hyperinflation. On the contrary, the government brought hyperinflation under control. It placed the Reichsbank under strict government regulation and took prompt corrective measures to eliminate foreign speculation. One of those measures was to eliminate easy access to loans from private banks and eventually Hitler regained Germany’s financial stability through the issuance of Government Treasury Certificates.
Schacht, the Rothschild agent, disapproved of this government fiat money (obviously) and was consequently dismissed as head of the Reichsbank when he refused to issue it. Nevertheless, he acknowledged in his later memoirs that allowing the government to issue the money it needed did not produce the price inflation predicted by classical economic theory, which states (for obvious reasons) that currency must be borrowed from private cartels.
What really causes hyperinflation is uncontrolled speculation. When speculation is coupled with debt (owed to private banking cartels) the result is always disaster. On the other hand, when a government issues currency in carefully measured ways, it causes supply and demand to increase together, leaving prices unaffected. Hence there is no inflation, no debt, no unemployment, and no need for income taxes.
Naturally this terrifies the bankers, since it eliminates their powers and it also terrifies the Elite, since their control of banking allows them to buy the media, the government and everything else. Were the nations of the world to revert to Government-only money issuance, then the world financial crisis would be solved overnight, as would much of the ever-increasing poverty and suffering we are currently witnessing.
Significantly, it was in the midst of this financial carnage that further devastated an already prostrate nation, that an unobtrusive, former army corporal was thrust into the spotlight and promoted as a great ‘leader of men’. The prevailing conditions of the time providing a perfect stage for anyone with any aspirations of greatness and the ability to ‘mesmerise’ his audiences with nationalist, patriotic rhetoric. And thus the world was introduced to the soon-to-be world public enemy number one, Adolf Hitler…
The Frankfurt School and the Tavistock Institute
I strongly suspect that the introduction and proliferation of psychometric testing for job applicants, especially in the public sector, has a hidden and nefarious agenda. Rather than being used to determine the candidates most suitable for specific jobs in a positive sense, this testing is being used to actually uncover and employ those with psychopathic and/or sociopathic tendencies. This fact would neatly explain why there has been a huge paradigm shift in those we deal with in ‘authority’ and whose arrogance, intransigence, inflexibility and often sheer bloody-mindedness seems to have increased exponentially in the last few years.
This has led to a fundamental change in the relationship between the general populace and those wearing suits and uniforms and indeed any of those people who act as an interface between the public and an institution or corporation. Up until a short time ago, people undertaking these jobs still actually believed (and behaved as if) their role was to serve the public, but not any longer. Such old-fashioned values of courtesy and willingness to help have now been replaced increasingly by ‘jobsworths’ who waste no opportunity to flaunt and emphasise their ‘authority’ in any way possible, even on occasions going out of their way to be deliberately awkward or confrontational, resulting of course in extreme frustration which can often flare into anger and sometimes even violence.
How often do we now see notices in banks, local and central government offices and other institutions dealing directly with the public that state words to the effect of, ‘this company/department has a zero-tolerance policy regarding verbal and physical assaults upon our staff’? All very commendable of course, but we should also question as to why these incidents would appear now to have become relatively commonplace. Could it be that their staff are actually selected and employed in the first place because in psychometric tests they exhibited the kind of intransigence that engenders such frustrations? I believe this to be a strong possibility. This has all been systematically planned and foisted upon us as we ‘slept’ in our apathetic states, in order to further destabilise society and cause maximum inconvenience and disruption with a long-term view to discouraging and making unacceptable any form of protest or dissent, even against gross injustice. We are meant to just simply ‘accept our lot’ and carry on with a ‘stiff upper lip’ and all that, even in the face of extreme provocation.
This was all planned many years ago by the Zionist 'Frankfurt School' established in 1932 in the German city from where it takes its name. It was subsequently relocated to California, which through no coincidence has now become the global epicentre of ‘political correctness.’
The Tavistock Institute is merely the British branch of this insidious organisation. Its primary mission is to establish a global brainwashing and opinion-forming network. Tavistock is the originator of the Aquarian Conspiracy, designed to weaken the fabric of society by encouraging widespread drug use, promiscuity, homosexuality and lesbianism. It has been very successful in the United States as it works through many research institutes and think-tanks. The principal ones in the United States are the Stanford Research Institute, Rand Research and Development Corporation, the Institute for Policy Studies, the Aspen Institute, the Hudson Institute and the Brookings Institute. Tavistock in fact runs over 30 ‘research’ institutions in the United States.
These were some of the stated aims of the Frankfurt School as long as eighty years ago:
Create a culture of ‘political correctness’ thus disempowering free-thinking and individual opinions
Promote continual change to create confusion and instability
Expose very young children to sex and homosexuality
Make homosexuality and lesbianism and other sexual deviancy the norm and ‘positively discriminate’ for it
Undermine parents’, schools’ and teachers' authority
Encourage mass immigration to destroy national identity and engender social unrest
Create the crime of ‘racism’ to further facilitate a mass immigration policy in order to undermine individual nation states and build tension and resentment
Promote a binge-drinking culture in order to destabilise society especially youth culture
Undermine and discourage anything that brings people together socially
Introduce a legal system biased against the victims rather than the perpetrators of crime
Encourage a dependency on the state or state benefits
Impose greater control of and facilitate the dumbing-down of the media
Foster the breakdown of the nuclear family unit through the encouragement of promiscuity and ‘free love’
Does any of that seem familiar, perchance? Does it possibly describe the society in which we all now live?
Political correctness has now become an obsession and a legitimate tool to deny us our rights and freedoms, wherever possible or practical.
Barely a day goes by where we do not read or hear of seemingly bizarre incidents that result from the above list of goals being fulfilled or from so-called politically incorrect attitudes. Here are a few from a list that would fill an entire book, let alone one chapter…
An employee at a police training centre related that they are not allowed to ask for ‘black coffee’ in the staff cafeteria, it must be ‘coffee without milk’ or refer to plastic bin bags as 'black bags' and also that they cannot refer to a ‘blackboard’ or a ‘whiteboard’, it has to be a ‘pen board’.
A ten-year-old boy was left to drown in a pond in England by two Police Community Support Officers and the police spokesman subsequently justified their actions by stating that no rescue was attempted because the officers in question were 'not trained to deal with
such an incident'.
Paramedics in Somerset, England were prevented from treating a man with a broken back while he was lying in six inches of water. They were informed that this action would breach Health and Safety rules because they were 'not trained for water rescues'. A spokesman for the South West Ambulance Service then said that 'the incident was managed in accordance with procedures.'
Microsoft froze the account of a man who included the word 'gay' in his ‘Xbox Live’ profile. He did this because he lives in Fort Gay, West Virginia but this mattered not a jot to Microsoft even when the town mayor intervened on his behalf. They only reluctantly relented when the story was made public, probably in order to save face and not because they believed their policy was abjectly nonsensical or severely restrictive of personal freedoms.
Many British schools and nurseries (kindergartens) have changed the words of the previously popular nursery rhyme 'Baa, baa, black sheep' to 'Baa, baa, rainbow sheep.' Is there such a thing as a multi-coloured sheep, perhaps? The City of Birmingham in England actually wanted to ban the rhyme altogether until black parents vehemently protested.
This is the real point. Despite the pretence to the contrary, none of this utter stupidity is really about protecting peoples' feelings, freedoms, safety or preventing prejudice. It is in fact the polar opposite of this and all about control of the population as in the novel 1984 where 'newspeak' replaced 'oldspeak'. The language is being subtly modified and changed over time to eliminate words that allow us to express a strong opinion in order to dumb-down language to the point where people will eventually be unable to transmit ideas and concepts effectively. This of course is exactly as George Orwell himself predicted because he was an insider who knew what the agenda for the future was and is.