The Rise of the Third Reich
Chapter 126 Prosperity before the Doomsday Second update
The era of prosperity and happiness has finally arrived!
This is the inevitable result of the joint action of the Keynes Plan and the Soviet-German cooperation - just as the Great Depression will inevitably come in the future.
According to the views of mainstream economists in the 1950s and 1960s of this time and space, the Second World War was actually jointly spawned by the Treaty of Versailles and the Keynes Plan.
The former not only put Germany in a miserable situation of oppression and exploitation. It also created a super-inflation of the mark, flattened the German class, and turned most Germans into class brothers who were shoulder to shoulder - German society was no longer an olive-shaped structure with small ends and a large middle, but a combination of a few rich people and the vast majority of the proletariat.
Although the later Keynes Plan tried to appease and save Germany, it gave Germany the power to launch another world war. And it also planted a time bomb that would inevitably detonate the Second World War - this bomb was the gold exchange system that deprived Germany of its monetary sovereignty!
However, the gold exchange system was also the driving force for Germany to quickly get rid of the sluggish national fortune after World War I and move towards brilliant prosperity. In the original history, Germany also lost its monetary sovereignty, but the only difference was that it chose to peg to the US dollar instead of the British pound. The so-called "gold standard" was actually the US dollar standard, so it also attracted a large amount of foreign capital inflows in a short period of time. Together with the smaller-scale Soviet-German cooperation, it prompted the recovery of the German economy in the mid-1920s.
Now, not only has the scale of "Soviet-German cooperation" increased several times, but there is also a "kind compensation system" - this is the second highlight of the "Keynes Plan", and it is also considered to be an important reason for Germany to have the strength to launch a world war!
Because the kind compensation system is actually a trade model of government subsidies for exports! Every year, coal, steel, automobiles, aircraft (of course, civil aircraft), machinery, chemical products and ships worth 2 billion to 4 billion marks are pushed to the European market at "zero price".
For the victorious governments that receive them, it is zero price, but for the German capitalists who produce them, it is full price! It is not the manufacturers who pay for the kind compensation system, but the German government. Therefore, the interests of manufacturers will not be affected in any way. Not only will they not suffer losses, but they can also expand production and amortize fixed asset investments through these 2 billion to 4 billion marks "fixed orders" in order to obtain greater economies of scale.
Anyone who understands industrial production and manufacturing knows that the larger the scale of production, the lower the cost. The lower the cost, the more competitive the product!
The German automobile industry, machinery industry, civil aviation industry, chemical industry and mining industry, which originally had certain advantages over Britain, France and other countries, swept the European market with the help of "compensation orders". The counterparts in France and Britain were suppressed so much that they could not even breathe. They could only rely on the protection of tariff barriers to survive in their own markets.
In fact, when formulating the "Keynes Plan", Britain, France, Italy and other countries had already anticipated that their local industries might encounter the impact of German manufacturing, and they all formulated corresponding protection plans - the plan to dump products to the United States was just talk. In the 1920s, Britain, France, Italy and other countries were typical "small governments" and could not do such things at all. What they could do was to protect their own related industries as much as possible.
For example, the French government chose coal and crude steel as the main "compensation", while the British government accepted all the "compensation ships" (historically, Britain asked Germany to build ships for it as compensation). The Luxembourg and Belgian governments did not allow German steel to enter, but they welcomed German cars, aircraft and chemical products. As for the Italian government, of course, they chose German machinery and equipment as the main compensation.
However, Britain and France (which took the bulk of the compensation) still received a lot of cars, aircraft, chemical products and steel products-because they still needed gold and foreign exchange to repay their debts to the United States.
However, most of these "compensation" were not sold to the United States, but sold in European markets outside Britain, France and Italy. This is mainly because the British and French governments resold the aircraft and cars they received from Germany to relevant manufacturers in their own countries at low prices, requiring them to be sold abroad.
These British and French aircraft and car manufacturers are greedy for high profits and are rarely willing to ship these products to the United States, where competition is fierce and the journey is long. Instead, they are sold to nearby European markets-this has, to some extent, allowed the compensation to replace the production of related industries in Britain and France, reducing employment opportunities in these two countries.
Britain and France used the gold and US dollars they took back from the European market to repay their debts, which further aggravated the gold and US dollar shortage in Europe. As a result, the pound faced greater depreciation pressure in 1927 and 1928. This also determined that the Keynes Plan could not be implemented for a long time.
For Germany, its products not only had "compensation orders" to amortize costs after 1926, but also received a large number of Soviet orders. Because the scale of Soviet-German cooperation at this time was much larger than in history - Hersman successfully pried off the American business this time, at least before the Great Depression, it was difficult for American machinery and equipment to enter the Soviet market - the Soviet Union in the East seemed to have turned into a monster that devoured machinery and equipment, and it never knew how to be satisfied. No matter how many German machines there were, they could be swallowed by it, and then spit out the same value of oil, wood, non-ferrous metals and food.
Under the dual stimulation of "compensation orders" and "Soviet orders", German industry, especially German heavy industry, reversed its post-war decline since 1924. Grow up at the fastest speed.
Moreover, German heavy industry itself has become the driving force for the growth of heavy industry since 1924.
Because in order to complete the staggeringly valuable "compensation orders" and "Soviet orders", they must make large-scale investments to increase production capacity! Investment in heavy industry itself will also consume a large amount of heavy industry products.
According to data released by the German government, Germany's fixed asset investment grew as high as 2,120% in 1924 (fixed asset investment was very low in 1923 due to super inflation), followed by a year-on-year increase of 55% in 1925 and a 35% increase in 1926. , the growth in 1927 and 1928 was still as high as over 30%.
However, this level of prosperity became unsustainable due to the decline of the real economy in Britain and France, especially the UK. Of course, Britain's recession was not all caused by the Keynesian Plan. The other two main reasons were that Britain set the exchange rate of pound against gold too high (this was Churchill's fault) and insisted on free trade. As a result, the British manufacturing industry was uncompetitive in the face of normal sales of German products (non-compensation goods) and American products.
"This is the prosperity before the end of the world. The current German people are blinded by this false and temporary prosperity, forgetting that their country is still suffering humiliation and is still being brutally exploited by foreign countries... From Britain, France and the United States Capital, most of which is Jewish capital, has penetrated into every aspect of this country. For every mark of wealth that we Germans create, they will take away half a mark or more. Of course, they have not yet begun to use it. Take away the money invested in us so we can maintain our superficial prosperity, otherwise our economy will become as bad as France and the UK!”
This was Adolf Hitler's speech at a square rally in Berlin. The audience was not large, probably only a few hundred people, and at least 20 of them were Miuta special forces disguised as audience members - they were here to protect Colonel Hersmann, who had just returned to Berlin as director of the Military Intelligence Service (which had recently been upgraded to a bureau), and his wife Chloe.
Hersmann went to the Baltic Republic in 1926 as deputy chief of staff of the Defense Forces. This position became the public identity of the Stasi Director (Deputy Director) in Baltica in 1925. However, Hersmann went to serve as deputy chief of staff of the Baltic Defense Forces not just to facilitate the management of the Stasi, but to familiarize himself with the operations of the armored forces and air force.
Both Lieutenant Colonel Halder and Lieutenant Colonel Kesselring once held this position. After returning to Berlin, neither of them returned to the Intelligence Service, but were sent to serve in the army. So it was Lieutenant Colonel Canaris who succeeded Hersmann in the Berlin Intelligence Office.
However, after Hersmann returned from the Polo, he did not leave the army, but served as the director of the expanded Military Intelligence Bureau. In early 1928, the departments under the General Staff were upgraded to bureaus, and the directors of each bureau were mostly major generals. take office. Hersman has become the director of the Military Intelligence Bureau, which naturally means that he will soon be promoted to the rank of general!
Success in officialdom was not Hersman's only gain in the past few years. In 1926, Chloe gave birth to a daughter for him, named Maria. Now, Chloe's belly is growing again, and in a few months, Hersman will be a father for the third time.
"Dear, let's go donate to Mr. Hitler." Chloe stood up from the chair in the front row and said to her husband beside her, "I think Mr. Hitler said it very well. His views are exactly the same as yours."
Could it be different? In this time and space, Hitler did not receive the influence of Rosenberg and Karl Haushofer's "geo-politics" (Rosenberg's living space theory is actually a kind of geo-politics). Instead, he accepted Hirschmann's "currency war" theory - Hitler now believed that there was a Jewish international capital group in the world and was preparing to use currency war to destroy Germany. The United States and the United Kingdom have actually been controlled by this Jewish international capital group. These two countries are not only tools they use to oppress other countries, but they are also places where they plunder wealth...
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