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Great Depression

submitted by deleted to Memes 3.4 yearsDec 22, 2021 21:41:02 ago (+32/-2)     (Memes)

deleted


7 comments block


[ - ] thebearfromstartrack4 0 points 3.4 yearsDec 23, 2021 00:57:14 ago (+0/-0)

Hey, how DID banking change when Hitler took over IN germany? I've never heard anything about that side of things I don't think. Suspicious?

[ - ] Broc_Liath 1 point 3.4 yearsDec 23, 2021 03:52:10 ago (+1/-0)

Not sure about banking as such, but he largely kept the monetary system intact (despite weird claims about labour based currency to the contrary). His main policy change in the area was to print more mefo/offa bills, which caused significant inflation but was arguably needed to rearm the country.

[ - ] blit416 2 points 3.4 yearsDec 23, 2021 05:44:22 ago (+2/-0)

you sure about that? Wasn't there a Reichsmark?

[ - ] Broc_Liath 1 point 3.4 yearsDec 23, 2021 09:21:57 ago (+1/-0)

Yes. There was a gold backed reichsmark established by his precessor. Thing is there were also two parallel currencies which were backed by the reichsmark, so essentially he was printing reichsmarks.

[ - ] Lordbananafist 0 points 3.4 yearsDec 22, 2021 22:38:53 ago (+1/-1)

Lol sell transportation harder faggot

[ - ] Huscarl 0 points 3.4 yearsDec 23, 2021 09:40:35 ago (+0/-0)

What does that mean, transportation?

[ - ] Lordbananafist -1 points 3.4 yearsDec 23, 2021 12:08:37 ago (+0/-1)

Externalizing internal costs with distance or geography