The Rise of the Third Reich

Hitler's New Deal was indeed very fascist.

The first blow of the New Deal was directed at the Jewish financial oligarchs. The anti-Semitism started "spontaneously" by the Nazis before the Nazi Party came to power. Many Jewish shops and banks were smashed, and then the "Jewish Restriction Act" was introduced, which ordered the Jews to Complete withdrawal from Germany's financial sector (even honorary Aryans cannot control banks or other financial institutions) and large corporations. Moreover, Hitler's "order" was not just to scare people. On the day the "Restriction of Jews Act" was passed, Nazi Party members and stormtroopers went to banks controlled by Jews across Germany to destroy them!

This kind of execution ability cannot be matched by the Wehrmacht controlled by the Juncker Group, let alone the People's Party of the Fatherland - after all, the relationship between the Juncker Group and the Jewish consortium is too close, and even Hessmann has some Jewish businessmen around him.

For example, Gusinski, the current general manager of Heinsberg-Hersmann (the private company of the Hersmanns, mainly exporting Soviet gems and handicrafts) and Rathenau, the director of the German General Electric Company, are Hess Mann's Jewish businessman friend.

Therefore, the issue of "anti-Semitism" could only be dealt with by the Nazi Party, which represented the interests of middle- and lower-class Germans. At the same time, Juncker military leaders like Hessmann came forward to be good people, to support Zionism, to protect Jewish scientists, and to issue honorary Aryan certificates to Jews who had fought for Germany.

And the second blow of Hitler's New Deal struck the Bolshevik Party on the head! This time Juncker and the Nazis were on the same page, so the sweep was even more efficient.

In this time and space, the fire in the Capitol was lit on the night of April 25, 1931. In the early morning of the next day, Hitler announced the banning of the Bolshevik Party in Germany. The mass arrests began in Berlin and quickly spread throughout Germany. The SA, Wehrmacht, and Stasi action teams coordinated the attack, and by noon on April 26, all Bolshevik Party headquarters in Germany were occupied. Subsequently, the "free trade unions" (that is, non-Nazi party unions) were disbanded and the officially controlled German Labor Front was established. German Bolshevik Party newspapers were banned from publication. 18,000 German Bolsheviks, including Bolshevik leader Ernst Thälmann, were arrested and imprisoned.

It can be said that the power of the German Bolshevik Party collapsed and was uprooted in just two days!

Such a clean and tidy handling of the Bolshevik Party issue would have been impossible before the Nazi Party came to power.

Because the Bolshevik Party was rooted in the German proletariat, it was a broad-based proletarian party. Before the Juncker Group cooperated with the Nazis, they had no power at the bottom. Due to the great inflation in the early 1920s and the Great Depression in the late 1920s, the bottom class in Germany became extremely large and already accounted for the majority of the population. Even if the Juncker Group can temporarily destroy the leadership of the German Bolshevik Party, as long as its foundation remains and it has the Soviet Union as a foreign aid, it will not be difficult to revive it.

The Nazi Party also represented the middle and lower classes. Although its line was different from that of the Bolshevik Party, the position of the German proletariat was not fixed. It could lean to the left or to the right - historically, the German Wehrmacht soldiers showed on the battlefield Judging from their fighting spirit, most people in Germany accepted the Nazi Party’s line.

Therefore, after the Juncker Group and the Nazis joined forces to destroy the institutions of the Bolshevik Party in Germany, the Nazi Party was able to win over some of the people who supported the Bolshevik Party to its side.

Just three days after the Reichstag fire, Chancellor Hitler asked President Hindenburg to dissolve parliament, and a general election was held a week later. In this election, the Nazi Party's political territory expanded again, winning 44% of the seats, while the Nazi Party's ally, the Fatherland People's Party, won 18% of the seats. The two parties combined, reached 62%, which is not far away from the two-thirds majority that can amend the constitution. It would not be a difficult problem to amend the Banking Act and control the Reichsbank.

…

"62%! Mr. Chancellor, congratulations, 62% of the German people are on our side!"

In the office of the chancellery in Wilhelmstrasse, Hersmann immediately congratulated Hitler as soon as he saw him. This election not only showed the German people's expectations for Hitler's New Deal, but also showed the people's support for the government and the Wehrmacht to clean up the November criminals... This is also a serious warning to the Social Democratic Party, which still exists legally.

"That's right!" Hitler nodded hard, his deep-set gray-blue eyes showing unconcealable excitement. "With the support of 62% of the people, we can completely escape the fate of being controlled by the Jewish international financial oligarchs and regain the right to issue our own currency!"

Although Hitler never went to university or seriously studied economics, he had a thorough understanding of the current economic problems in Germany. The core of Germany's economic problems is the right to issue currency - this is also the view that Hirschman has always held.

But regaining the right to issue currency cannot only be accomplished by the German Parliament passing a few resolutions.

Because the current German currency problem is complicated by Hessmann! The Keynesian Plan was not entirely ineffective. Not only was the system of physical compensation still partially implemented, but also the gold exchange system where the mark was pegged to the pound - although in 1928 and 1929, Germany had some disputes with Britain and France, which resulted in the loss of part of Germany's foreign exchange deposited in the Bank of England. Reserves (pounds sterling) were forcibly transferred to pay reparations.

But the British later discovered that after those pounds were transferred to the accounts of France, Belgium and other countries, it was very likely that the speed of gold outflow from Britain would be accelerated. So after the MacDonald cabinet came to power, it immediately stopped this behavior that harmed others and benefited itself.

So now the German Imperial Bank still has more than 1.55 billion pounds in deposits in the Bank of England. At the same time, in addition to paying reparations, the German government still owed Britain a loan of 1.15 billion pounds. In addition, the total amount of foreign loans owed by German companies also exceeded 220 million pounds.

"In other words, we still have 180 million pounds of net deposits with the British, which is our foreign exchange reserves!" After a few pleasantries with Hersmann, Hitler did not talk to him about military issues, but talked about the management of Germany's foreign exchange reserves.

"This is equivalent to more than 3.6 billion gold marks, which is a huge sum of money!" Hitler said, "But the British are likely to freeze this huge sum of money, at least they will not obediently send the money back to Germany!"

3.6 billion pounds is equivalent to more than 800 million US dollars, and all the gold and foreign exchange in the Bank of England together do not amount to 800 million US dollars.

"Yes, so it is difficult for us to get the money back." Hirschman shrugged. "This shows that the gold standard is actually unsustainable. The amount of money is equivalent to gold, which is too much. Even in today's extremely tight monetary system, it is too much." "So the currency should not be based on gold, but on production!" Hitler's opinion is actually more reasonable than the gold standard - the gold standard is actually a scam, because there is no gold to redeem paper money! Not to mention Britain and Germany, even the United States does not have so much gold. So behind the gold standard, it is actually the excessive issuance of paper money. The gold exchange system advocated by the United Kingdom is even more absurd, which is to regard the pound, which does not have enough gold as a guarantee, as gold to serve as a guarantee for other countries' currencies. "Yes, the only reasonable thing is to issue a multinational currency linked to production based on the production of each country." Hirschman put forward his own idea. Because later countries like to issue paper money indiscriminately when dealing with financial crises, and there is no supervision on currency issuance. So Hirschman has always been inclined to issue a super-sovereign currency, preferably a currency linked to something. Given that the amount of gold and silver in the world is insufficient to become a real currency anchor, Hirschmann thought of GDP, that is, gross national product - the issuance of currency should be capped at a certain percentage of GDP, such as 80% or 90%.

Moreover, this GDP data cannot be determined by a government alone, but needs to be counted by a supranational institution, such as the European Statistical Office. Of course, the currency is also issued by a supranational central bank like the European Bank.

"Well, the idea is very good," Adolf Hitler thought silently, "maybe it can be realized in the future. But at present, we don't have such power. Ludwig, you must have another way?"

It seems that Hitler really wants to get back the 180 million pounds, and he is very confident in Hirschmann.

"Yes, I have a way." Hessmann said, "This issue can be discussed at the Geneva Disarmament Conference... I will make a feasible plan to use this money to establish a special state-owned economic development bank across sovereignty to fight the current Great Depression." "This barely counts as getting the money back, but there is still a problem," Hitler looked at Hessmann with burning eyes, "Lieutenant General, if we can't really put the 180 million pounds into the vault of the German Imperial Bank, then Germany will become a country without gold and foreign exchange reserves. And I heard that the Industrial Promotion Committee has a huge amount of gold in its hands... That was what you got from Russia in 1917, right?" "Yes, the Hohenzollern Fund is not controlled by the Industrial Committee. It is controlled by His Majesty the Emperor himself and belongs to the royal property." Hessmann said: "At the beginning, there were 2.4 billion gold marks, and now it has become 1.5 billion gold marks-including gold lent to the Baltic Republic for Baltic mark guarantee-and various investments, debt certificates and deposits worth 3.8 billion marks."