The Rise of the Third Reich

Chapter 106 Currency War 5

"Mr. Hitler, I assume you are not interested in joining a coalition government?"

Hersmann was wearing casual clothes and was sitting in Adolf Hitler's office, watching his performance quietly. He didn't ask questions with a smile until the other party's mouth was dry and he had nothing to say.

"No, of course I will not join any coalition government." Hitler's gray-blue eyes stared at Hersmann and suddenly laughed, "Ludwig, you are testing me, right? Don't worry, I He is a German soldier who knows how to obey the commander’s orders, and now General Sekter is my commander in chief!”

He really knows how to pretend!

If Hessmann didn't know what Hitler had done in history, he would probably have been deceived by him at this moment.

"I know, I believe you, Adolf." Hersman did not try to point it out, but continued to smile and took out the check from his pocket that had already been filled in with numbers and signatures, "This month The subsidy is 1 million marks.”

This is the funding given to the Nazi Party by the Military Intelligence Service. It was 50,000 marks at the beginning and now is 1 million marks - the funding has not actually increased, but the current marks are worthless. The current 1 million is the same as the 50,000 last year. Germany's hyperinflation has inevitably begun after the amount of reparations determined by the Allied Powers is made public.

"One million..." Hitler took the check, looked at a lot of zeros on it, and shook his head, "Before the war, this was a huge sum of money!"

"Yeah, at that time I couldn't save 1,000 marks a year, and I would have to work for 1,000 years to earn 1 million." Hersman shook his head, "The German people have become proletarian in a short period of time. This is really a miracle." What a human tragedy!”

Countless Germans have worked hard all their lives to save some money. They could have bought a house or land, but now they only have enough to eat a good meal. Historically, by 1923, a piece of bread would have cost hundreds of millions...

"This is a war, right? A war against the German people?" Hitler was talking about the point of view wholesale from Hersmann - what Hersmann explained to Hitler during the election campaign days in Munich It's a "currency war".

According to Hirschman, the essence of the hyperinflation that Germany is facing now is actually a war, a war aimed at destroying the credit of the Mark! Reparations and so on, but the weapons used by Britain, the United States and France to launch this war are not the real purpose - in fact, Britain and the United States do not want to persecute Germany to the point of selling a piece of bread for hundreds of millions, they only need Germany to lose money and find something that can be redeemed With the power of paper money, currency has completely lost its credibility.

From this perspective, it makes no difference whether the mark's value falls by 90%, 99%, or 99.9999%.

It's just that the French right-wingers have to be the villains to the end - so historically the Germans hate France quite a lot, but they don't have much hatred for Britain and the United States, which really benefited from the devaluation of the mark.

However, in this time and space, due to the emergence of the "currency war" theory, the Germans' view of this hyper-inflation is different from that in history.

"Whoever controls the right to issue currency controls the world!" Hessman stood up and said in a cold tone. “The pain that the German people are suffering now is not because of defeat and compensation, but because New York and London want to take away our right to issue currency!

Adolf, just wait and see, at the Genoa Conference, they will definitely propose to supervise our finances and the Reich Bank. When we can no longer resist hyper-inflation, they will lend us reserves to issue new marks... In this way, no matter how much money they lend us, we can only issue corresponding marks. Mark becomes a vassal of the dollar or pound, and then they can use some printed matter to control our economy, manipulate our finance and prices, and thus plunder our wealth. "

"Yes! What you said makes so much sense!" Hitler praised Hersmann, but felt a little strange in his heart: Why does this army lieutenant colonel talk like an economist? If I become Prime Minister in the future, should Hersmann be the Chief of General Staff or the President of the Reichsbank?

"Then what should we do?" Hitler asked again.

"We lost most of our gold reserves, and the Mark also lost its credibility... It is very easy to lose credibility, and it is very difficult to rebuild credibility. I don't think we can rebuild the Mark in decades using conventional means. credibility. Therefore, we can only use extraordinary means to regain our currency issuance rights.”

"Extraordinary means?" Hitler didn't understand.

"It's the means of war," Hersman said.

"Going to steal other people's gold?"

"It's not that simple," Hessman shook his head, "because what we need is not gold, but the right to issue banknotes. So we have to overthrow the two countries that have the right to issue banknotes in the world and seize the power to issue banknotes. "

"Is it the United States and the United Kingdom?"

There are currently two recognized "reserve currencies" in the world, one is the pound, because Britain is still the world's hegemon, and the sun never sets on the empire. Moreover, the UK has now determined to return to the gold standard and will set the parity of the pound against gold at pre-war levels.

The U.S. dollar is recognized as a currency by the world because of its strong national power and abundant gold reserves (most of the world's gold is reserved by the United States).

As for the franc, its fate is certainly better than that of the mark, but it has still depreciated a lot. Not many people will believe the legend of the golden franc anymore.

Therefore, if the Mark wants to become the reserve currency of the world, its enemies are the British pound and the US dollar.

"Yes, we must defeat them!" Hessman replied very firmly.

He was using the ideas wholesale from "Currency War" to brainwash Hitler. Later, Mr. Hitler also wrote Song Hongbing's views into "Mein Kampf" and declared that he would make the mark the world's reserve currency...

"Lieutenant Colonel Hersman! Are you Lieutenant Colonel Hersman?"

Hersmann chatted with Hitler for half the morning, and then prepared to go out and spend a few hundred marks on a meal. But as soon as he walked out of the office, someone called Hessman. It was a tall, fat man in his fifties with a bald head and no hair. He was wearing a well-made suit and was accompanied by several young men dressed as secretaries.

Hersmann and Hitler turned around at the same time, and all three frowned at the same time. That man was Wal T. Rathenau, whom Hitler had just cursed. Democratic leader, congressman, new foreign minister. At the same time, he is a wealthy Jewish man and the manager and director of General Electric Company of Germany (the second largest power generation company in Germany).

This guy is also a person who likes to publish eye-catching opinions. In an article published in the "Vienna Free Press" on December 24, 1912, he wrote: "Three hundred people (Jews), who know each other, rule the entire European continent destiny and choose their successors from among their followers."

Hersman didn't like this man, but he quickly smiled and shook hands, "Mr. Minister, I am friends with Congressman Hitler, and I came here to invite him to have lunch."

"Oh, let's go together then." Val T. Rathenau said with a smile, "I have something important to trouble you."

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