On This Day 70 Years Ago: Fighting Inflation And Hitler

Tyler Durden's picture


"History may not repeat itself but it does rhyme"

h/t Nolsgrad

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Mon, 10/01/2012 - 11:18 | 2845133 Heart of Gold
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Don't worry Tyler, as you can see: the newspaper will always have a sports section.

Mon, 10/01/2012 - 11:19 | 2845140 CPL
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Last time the Yankees won something.  

Mon, 10/01/2012 - 11:25 | 2845173 derek_vineyard
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yankees = sports entertainment inflation  

end the fed and the yankees

Mon, 10/01/2012 - 11:30 | 2845190 Pladizow
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"The studious examination of the past in the greatest of detail does not teach you much about the mind of history; it only gives you the illusion of understanding it." - Nassim Taleb

"History is a gallery of pictures in which there are few originals and many copies."  - Tocqueville.

Mon, 10/01/2012 - 11:52 | 2845273 Badabing
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Today the news stand price of the NYT is $250 Monday –Saturday  this front page shown is 3 cents.

Any questions?

Mon, 10/01/2012 - 12:17 | 2845350 ebworthen
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The cost of a cubic yard of manure has gone up?

Mon, 10/01/2012 - 12:20 | 2845361 Bicycle Repairman
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OK.  Now we're talking Hitler.  Now we're getting somewhere.

Mon, 10/01/2012 - 12:42 | 2845424 economics9698
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Yankees-When your guys own the printing press your guys always win.  Must be a bad omen, Cardinals won 4-1.


Mon, 10/01/2012 - 12:53 | 2845502 markmotive
Mon, 10/01/2012 - 13:36 | 2845707 Abiotic Oil
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And Hitler got a lot of his ideas from the US eugenecists such as Henry Ford, Prescott Bush, Margaret Sanger, etc.

Mon, 10/01/2012 - 16:08 | 2846337 Bicycle Repairman
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And just plain Hitler!!!  Booyah!!!

Mon, 10/01/2012 - 13:11 | 2845595 LMAOLORI
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A lot of similarities

Obama's tyrannical Executive Orders

DNA tests reveal 'Hitler was descended from the Jews and Africans he hated'

Read more: http://www.dailymail.co.uk/news/article-1305414/Hitler-descended-Jews-Africans-DNA-tests-reveal.html#ixzz284HQtvKy 

Hitler had Jewish and black ancestors, according to DNA research.

Read more: http://www.metro.co.uk/news/838958-hitler-had-jewish-and-black-ancestors#ixzz284HfORyh

A time of hoarding and inflation fears, 1930s edition

Mon, 10/01/2012 - 11:53 | 2845276 Unprepared
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Hi(s side of the )story - Me

Mon, 10/01/2012 - 11:52 | 2845277 kridkrid
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“History is a set of lies agreed upon.”

? Napoleon Bonaparte

Mon, 10/01/2012 - 12:01 | 2845295 DaveyJones
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Modern history is a gallery of food and pictures digitally produced to poison the public - Tokeville 

Mon, 10/01/2012 - 13:47 | 2845623 earleflorida
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'history... the allusion of a cosmological constant-- where "time", the greatest  illusionist of all, is but a parsed out passion play-- an expanding, yet paradoxical collapsing manuscript on mankind's finality,... this culminating collage of genetic junk-- the period of loosely juxtaposed dimensions so lacking in intelligence the master cries out with utter remorse for his creation's lack of natural-telepathy-- faith in the unknown which passes its radiance through our being... never to scar our binnacle moral compass of passive navigational emotions, but neglected always by the ambiguities of a myopic reality-- a reality we mighty humans call our rightful inheritance, in an infinite universe filled with coagulating quirky dust-- indeed,  made from our missteps on a dust-bin some now call earth some millennium's ago-- but still... a rather amusing passion play... tragically be all, when all have exited the stage-- thus,  myr's  from now there will be a new cast of clay to mold, thus avoiding the mud?...whilst again musing the creator,... but perhaps in a more refined, 'sine`qua non' way?'

just musing :-))

thankyou tyler    

Mon, 10/01/2012 - 11:30 | 2845201 Dr. Richard Head
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End the socialization of professional sport stadium construction and the league would end itself. 

Mon, 10/01/2012 - 11:56 | 2845286 j0nx
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Then the retards who watch pro sports would have nothing to prattle on about at the water cooler on Monday. They might actually *gasp* have to talk about inflation or crooked politicians or thieving banksters and we can't have that now can we. Making us spend our own money to preoccupy ourselves with stupid shit so we won't come after them with boiled rope is the biggest con of all.

Mon, 10/01/2012 - 12:37 | 2845425 Arthor Bearing
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I can't agree, if there's one thing Americans can do well it's distract themselves. 600 more channels, drugs, alcohol, or even obsessive construction of conspiracy narratives based on but little proof (but nobody here would know anything about that...).

I'm like 2/3 through Infinite Jest so that's where this little riff came from.

Mon, 10/01/2012 - 16:20 | 2846383 janus
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great book...truly a modern masterpiece.

PS.  this good ole boy from down dixie-way is looking forward to learning a bit about hockey this year.  i may even try ice skating for the first time.  i imagine i'll be a starting 'center man' (see, i'm already learning some positions) in the Bs 2014 stanley cup campaign.  should be wicked awesome.

Go Bruins!  (never, ever thought i'd say such a thing)

Go NCAA champion BC eagles.

hockey is so cool it's cold.


Mon, 10/01/2012 - 17:41 | 2846599 TheAlchemist
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You might also read "Amusing Ourselves to Death".


Mon, 10/01/2012 - 12:03 | 2845305 DaveyJones
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If the outfield kept up with the salaries, no one could hit it out

Mon, 10/01/2012 - 12:08 | 2845319 Darth Mul
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Well, Jeter was in his mid-30s and could move to his left back then...

Mon, 10/01/2012 - 13:11 | 2845596 ParkAveFlasher
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He was useless up the middle since age 33. 

Ichiro was brought on board so Jeter could perfect hitting the other way.  That's what you have to do if you don't have any bat speed left.

The only reason I have cable TV is to watch the Yanks.

Pro sports is the imminent distraction and money laundering operation of our time.  Cash flows freely through these union-constructed engines. 

You spend money to watch an event.  You trade your own labor time for your own leisure time.  You buy watery beer at 15x cost of production.  You buy licensed garments for a similar upcharge.  And you promote for the teams.  You make your children into fans.  You perpetuate the myths.

Mon, 10/01/2012 - 11:19 | 2845134 Abraxas
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Fashism and inflation. Nothing changed for 70 years.

Mon, 10/01/2012 - 11:29 | 2845175 DormRoom
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Iran + hyperinflation  = nothing to lose.  The blowback will be epic.  Imagine Iran attacking Saudi Arabia to control Gulf oil, and gaining leverage against US.

Mon, 10/01/2012 - 11:29 | 2845195 kaa1016
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That's the whole point. Cause a civil war or make them hit first giving the U.S. an excuse to hit back 100 times harder in the name of regime change and "democracy".

Mon, 10/01/2012 - 12:09 | 2845327 DaveyJones
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Well said. It's what the backroom boys want but, in the end, the only thing they're going to hit a hundred times harder is a wall.

Mon, 10/01/2012 - 11:30 | 2845197 Xibalba
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Russia, China, Pakistan, and a plethora of others would LOVE to see that happen.....

Mon, 10/01/2012 - 12:28 | 2845297 Temporis
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Video game called Homefront was produced in 2010... In it the Korea's unit due to world events and go on a rampage to take over the United States some time around 2024.

One of the senarios in 2015 is a war with Saudi Arabia and Iran. Gas prices to the moon!


Funny how this game predicted Kim Jung il's death.

http://youtu.be/MQeQWWKKvq4 (Full video)

Mon, 10/01/2012 - 12:39 | 2845438 Maghreb
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Yeah its everywhere man. Battlefield 3 was pushing this invasion and occupation of Iran theme. Clancy always said it was inevitable in his fantasy worlds he pretends like most of Africa and the ME won't even exist 50 years from now. They all do, its a race thing. Shit even fucking Transformers attacked Iran. Its the media pushing the publics mind towards a certain outcome. Was the same with Iraq before.

Homefront's interesting though. No one has the balls to come out with the scenario of a War between China and America. Partly because the Chinese would ban it and go after the publishers as they have done with anything that looked badly at China. They banned a Command and Conquer Game over its depicition of China. Thats what Homefront was really getting at but didn't have the balls to say.

Mon, 10/01/2012 - 12:46 | 2845468 summer09
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Exactly right Maghreb.  About the remake of "Red Dawn" coming soon, Wiki reports: The invading army was changed from Chinese to North Korean in post-production.

Mon, 10/01/2012 - 13:01 | 2845545 killerhertz
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It's a good thing they all look the same. But I still find the asian extra sexy.

Mon, 10/01/2012 - 13:44 | 2845745 Abiotic Oil
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Upcoming war with China movie, Dragon Day.


When an out-of-work computer engineer, Duke Evans, relocates his weary family to a remote mountain community, their hope for the American Dream is shattered as planes fall from the sky and all power, communication and transportation comes to a halt.  Caught in an unprecedented cyberattack where all “Made in China” computer chips have unleashed a secret virus that destroy the U.S. infrastructure, Duke and his family must use all their wits and the unlikely help of an illegal immigrant to survive this frightening scenario where food and water become as scarce as their dwindling freedom.

Mon, 10/01/2012 - 12:40 | 2845440 CommunityStandard
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The number of kill the Muslim terrorist video games is staggering.  Americans are raised to go to war.

Mon, 10/01/2012 - 13:35 | 2845703 rosiescenario
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...that way handling drones becomes second nature...

Mon, 10/01/2012 - 17:56 | 2846636 oddball
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Right, by sitting on their fat asses playing with their thumbs, "look at the red mist".  Spartans were raised to go to war.

Mon, 10/01/2012 - 11:19 | 2845136 Mr Lennon Hendrix
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Mark Twain

Mon, 10/01/2012 - 11:51 | 2845272 Unprepared
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Mawk Train?

Mon, 10/01/2012 - 12:04 | 2845309 Doomer
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History rhyming

Mon, 10/01/2012 - 11:19 | 2845137 rustymason
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Who were the central banksters in Europe and America at that time?

Mon, 10/01/2012 - 11:40 | 2845243 JR
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“While Paul Warburg was making America safer for financiers (the Federal Reserve System),” writes John Weir in a review of Ron Chernow’s 820-page, The Warburgs: The Twentieth-Century Odyssey of a Remarkable Jewish Family, “his older brother, Max, was busy in Hamburg helping finance construction of Germany's new merchant fleet through the HAPAG company. Because the Warburg family fortune was built on financing international trade, Max Warburg naturally sought to encourage the growth of such trade. For the same reasons, international bankers encouraged the removal of tariffs and other trade barriers…”

Max Warburg, head of the German Secret Service in WWI, headquartered the family banking house in Hamburg.

Writes Weir: “When Hitler came to power in January 1933, Max Warburg was Germany's most prominent Jewish banker (who had represented Germany at the Paris Peace Conference that negotiated the Treaty of Versailles signed in 1919). He headed Germany’s most important private banking firm, and was a member of the ‘general council’ of the nation's central bank. In March 1933 he approved Hitler's decision to name Dr. Hjalmar Schacht as president of the Reichsbank. The document naming Schacht to this post is signed by Chancellor Hitler and President von Hindenburg as well as the eight members of the Reichsbank ‘general council,’ including  Mendelssohn, Wassermann and Warburg…

In 1936… (three years after Hitler took power), the M. M. Warburg bank in Hamburg was still profitable. Among other lucrative connections, it was still disbursing interest payments to bondholders for the giant Friedrich Krupp company of Essen. As Siegmund Warburg wrote in July 1936: "M. M. W. and Co. are still remarkably untouched by the Nazi situation and the business is doing well." Even in 1938, notes Chernow, the Warburg bank was turning a profit.


In 1938, Hitler occupied Austria; in 1939, Max Warburg was allowed to sail to New York, funds intact.


Mon, 10/01/2012 - 11:19 | 2845138 vmromk
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Me thinks.....Bernanke is the new Hitler.

Mon, 10/01/2012 - 11:40 | 2845207 Temporalist
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No, every war has a financier.  That is Bernanke.  Infinite money is infinite war.  Check back to 1913.

Mon, 10/01/2012 - 11:57 | 2845289 kridkrid
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Nope. We need darker days to rally behind our hitler. Of course, he will be a uniquely American version, but in the important ways, they'll be the same.

Mon, 10/01/2012 - 12:16 | 2845345 Dr. Engali
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Our Hitler is in office...he is just getting warmed up.

Mon, 10/01/2012 - 13:00 | 2845540 Spastica Rex
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Mon, 10/01/2012 - 13:08 | 2845569 kridkrid
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In a way, it doesn't really matter. The likelihood that he is on the way is all that really matters. That said, I don't think BO is the guy. Our hitler will need to be the jingoistic populist who unites poor white democrats and poor whit republicans. Not as hard as this may seem, but tough, I think, for BO pull off.

Mon, 10/01/2012 - 13:10 | 2845585 DaveyJones
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Hitler wears a corporate logo now and unlike the carpet chewer, he sucessfully invaded most of the world.

Mon, 10/01/2012 - 13:31 | 2845686 LMAOLORI
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