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When Money Dies: Germany and Paper Money After 1910

Tyler Durden's picture




 

Submitted by Marcia Christoff-Kurapovna via The Ludwig von Mises Institute,

The story of the destruction of the German mark during the hyper-inflation of Weimar Germany from 1919 to its horrific peak in November 1923 is usually dismissed as a bizarre anomaly in the economic history of the twentieth century. But no episode better illustrates the dire consequences of unsound money or makes a more devastating, real-life case against fiat-currency: where there is no restraint, monetary death will follow.

"It matters little that the causes of the Weimar inflation are in many ways unrepeatable; that political conditions are different, or that it is almost inconceivable that financial chaos would ever again be allowed to develop so far," wrote British historian and MP Adam Fergusson in his 1975 classic, When Money Dies. "The question to be asked — the danger to be recognized — is how inflation, however caused, affects a nation."

The US Federal Reserve of 2014 is not the Reichsbank of 1914. Yet today's policy mindset is dangerously reminiscent of the attitudes that helped to excacerbate the economic downfall of inter-war Germany. These include: the unrestrained financing of budget deficits under war and post-war conditions; the unaccountable creation of the money supply by a central bank; the creation of undisciplined credit linked to this expansion of the money supply; the aggressive inflating of asset values; the discounting of short-term treasury bills and notes in practically unlimited amounts; rapid currency depreciation, and a ratio of federal debt to GDP over 100 percent.

Prior to World War I, the German mark, the British shilling, the French franc, and the Italian lira were all valued around the same — about four each to the dollar. By the end of 1923, the rate for the mark was one trillion to a dollar — one million-millionth of its former self. In mid-1922, a loaf of bread cost 428 million marks, while the entire equity capitalization of Daimler Corporation bought the equivalent of 327 of their cars. In November 1923, that which before the war could have purchased, in theory, 500 billion eggs could, that infamous month, procure but one egg.

Former Prime Minister Henry Lloyd George, writing in 1932, remarked that words like "catastrophe," "ruin," and "devastation" were not enough to describe the situation, given the common usage into which such words had fallen. Looting, vandalism, theft, the rise in prostitution, famine, disease, the consumption of dogs; people robbed of their clothes on the street — all were routine events of the "bourgeois" social quotidien. The constant threat of civil war loomed, as did neighboring Bolshevism. Bavaria had to declare martial law.

The Rise of Paper Currency after 1910

The price inflation had begun slowly. In 1914 there was a minor increase in the wholesale price index. That index, with a base of one in 1913, had increased to 2.45 by the end of 1918. Beginning in 1919, the speed of the inflation increased, advancing to 12. 6 in January 1920; 14.4 in January 1921 and 36. 7 in January 1922. By the second half of 1922, that index stood at 101 in July; it was 74,787 in July 1923 and 750 billion on 15 November 1923.

The 100 trillion note was then issued and the presses of the Reichsbank were printing money to the record tune of 74 million million million marks a week. Rather than stop this madness, the Reichsbank continued to print more money, claiming that it was keeping employment steady, and promising the population that relief was always just around the corner. An atmosphere of civil chaos reigned.

The Versailles Treaty was not the main culprit: it only worsened a bubble-blowing monetary policy in place prior to the war. Before 1914, the credit policy of the Reichsbank dictated that not less than one-third of the currency issue had to be covered by gold. But once paper currency became legal tender in Germany in 1910, such currency became a reckless expedient.

By the outbreak of war, most of the world had given up the gold standard and had gone over to paper money. The commodity was withdrawn from circulation and was largely piled up in the vaults of a few central banks, but mainly that of US: from August 1913 to August 1919 the US stock of monetary gold in the US increased by 65 percent.

Back in Germany, massive bond issues were sold appealing to mass patriotism in order to pay for the war. Private fortunes were transferred into paper claims on the state as the Reichsbank suspended the redemption of notes into gold. Loan banks were established that printed money at will and banks gave out unconstrained credit to advance money for war-bond subscriptions. The most ominous measure for the future was that which allowed the Reichsbank to include three-month treasury bills in its currency coverage such that unlimited amounts could be rediscounted against banknotes.

In contrast, Great Britain handled financing the war far more prudently: London met the cost of war by raising taxes aimed primarily at those industries and groups that best stood to profit from the war.

In Germany, gold was depleted paying for war reparations and as a result of the French invasion of the Ruhr. Yet only gold provided occasional relief to citizens at large when a handful of industries were able to issue small gold marks to pay employees. Höchst Dye Works, for example, paid workers from the 400,000 Swiss francs it had stashed in Swiss bank reserves.

Germany Turns to the Rentenmark

At the breaking point, monetary policy was taken out of the hands of the Reichsbank via what was effectively a coup d'etat by Chancellor Gustav Stresemann. All loans to the government were cancelled. Monetary policy was decentralized. The state was rigorously separated from economics.

A parallel banking structure was organized by a prominent non-governmental economist-maverick who came up with a new currency scheme first backed by rye-bread —the most coveted value at the time —and later gold, once that commodity could be procured again. Those "gold-backed" notes, the Rentenmarks, were guaranteed by mortgages on landed property and by bonds on German industry in the amount of 3 billion gold marks.

In reality, there were practically no gold reserves left. Yet, the incalculable social and psychological effect upon the population in announcing a return to currency with gold parity on a one-to-one basis calmed social tensions and jump-started economic stabilization immediately.

"The genius of the Rentenmark is that it released the Reichsbank from having to finance the government," writes Fergusson. Rigorous discipline of state expenditure followed, as well as the refusal of further credit to the government, and the eventual return of the mark to parity between gold and the dollar. For many years afterward, gold mark clauses in long-term obligations were characteristic of the German capital market.

Today's conditions are not Weimar conditions. But there are unsettling parallels in terms of monetary policy and the inflation money and credit. Since President Nixon abandoned the gold exchange standard in 1971 up through 2003, the supply of money in the US increased by 1,100 percent. The Fed's balance sheet, ballooning from $500 billion in 2000 to $4.4. trillion at the end of 2013, has been the result of money printing.

"In a few years time, most of the world will be as sick of managed paper currencies as it was twelve years ago. The main trouble will be that popular ignorance and lethargy, coupled with selfish special interests, forces politics into the management of economics and the management of economics into politics. Politically speaking, the world is yet far from being ready for managed paper currency standards."

These words were written in 1932 by the American economist Edward Kemmerer, one among the clearest arguments against fiat-currency ever written. ‘No gold, "No printing" history tells us: the most important monetary lesson that central banks, once upon a time up through the present day, refuse to learn.

 

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Sat, 11/01/2014 - 22:13 | 5402930 rejected
rejected's picture

First!

Sat, 11/01/2014 - 23:05 | 5402967 Rememberweimar
Rememberweimar's picture

When Jews steal: Germany and paper money after 1910...

The Jews were over represented in Banking, Government and Media then... like they are now in America...

http://thezog.wordpress.com/who-controls-the-defense-department/ (scroll down the right side of the page too)

The Jew thieves printed themselves money and bought all of the available food, starving the good German people to death in their own country...

Eerily similar to what the Jew are doing to America today...

Remember Weimar

Sat, 11/01/2014 - 23:18 | 5403065 847328_3527
847328_3527's picture

Got gold ?

Sun, 11/02/2014 - 00:11 | 5403138 TheAnalOG
TheAnalOG's picture

Get out of paper and into something proven and historically sound like Bitcoin right now while there's still time!!

Sun, 11/02/2014 - 00:45 | 5403188 economics9698
economics9698's picture

Monkeys with a cocaine dispenser hitting that shit hard.

Sun, 11/02/2014 - 03:16 | 5403319 AldousHuxley
AldousHuxley's picture

Zoos won't let America die. They don't want to go live in Israel like the real zoos. But they will standout in Asia unlike in Europe. Zoos are prepping some westernized Asian nation states like Singapore before they let America crash, but requires some time.

Sun, 11/02/2014 - 04:10 | 5403352 tocointhephrase
tocointhephrase's picture

Blaming the "Jews" same as it ever was

Sun, 11/02/2014 - 04:24 | 5403364 Rememberweimar
Rememberweimar's picture

Blame is placed where blame belongs. Maybe you Jews should stop stealing and get real jobs like the rest of us.

Sun, 11/02/2014 - 04:28 | 5403369 AldousHuxley
AldousHuxley's picture

zoo york.

 

enjoy shitty people.

Sun, 11/02/2014 - 06:36 | 5403383 Rememberweimar
Rememberweimar's picture

The New York parasites are all moving to the Silicone Valley, where they start shell companies and then go public... Allowing the Jew Federal Reserve to hand them $Trillion$... How quickly they forget that counterfeiting is punishable by death... And yes, I am a National Socialist... A Nazi if you like... But always remember this - Nazism and Weimarism are opposites...

Nazism is when "we the people" use the printing press to assist those less fortunate and that could use a hand up. No need to ever pay the money back.

Weimarism is when sociopath criminals use the printing press to assist those that are already very well off and do not require additional wealth. They might be greedy or insane, but that doesn't warrant letting them counterfeit themselves all the money they desire and destroy the entire fuckng planet in the process...

http://thezog.wordpress.com/who-controls-the-federal-reserve-system-part-1/

Remember Weimar

Sun, 11/02/2014 - 08:22 | 5403541 markmotive
markmotive's picture

To learn how money dies, one must first learn how it is born.

http://www.planbeconomics.com/2013/03/weekend-viewing-niall-fergusons-as...

Sun, 11/02/2014 - 08:27 | 5403545 Rememberweimar
Rememberweimar's picture

Money will never die. And no one wants it to die. We just want to get the money printing press away from the evil ones so we can use it for good.

Sun, 11/02/2014 - 08:57 | 5403570 zerozulu
zerozulu's picture

Empires never live forever.

Sun, 11/02/2014 - 09:00 | 5403575 Rememberweimar
Rememberweimar's picture

no one wants it to die. We just want to get the money printing press away from the evil ones so we can use it for good. They keep control of the money printing presses by re-injecting the freshly printed paper back into the economic pyramid at different levels and at different times. That is their main objective, and why Parasite Obolenitis is meeting with the evil ones tomorrow. They have been re-injecting too much paper back into the top of the economic pyramid and for too long now. They need to place some of it back in at lower levels to keep the plebes from storming the Federal Reserve Counterfeiting Operation and taking the printing machines away from them. That is their worst fear: having to actually work for a living like the rest of us.

Sun, 11/02/2014 - 09:07 | 5403589 GetZeeGold
GetZeeGold's picture

 

 

 

Don't even notice the water getting warmer.....but it is.

Sun, 11/02/2014 - 09:20 | 5403607 Rememberweimar
Rememberweimar's picture

Near boiling now...

Sun, 11/02/2014 - 09:37 | 5403630 Bendromeda Strain
Bendromeda Strain's picture

We just want to get the money printing press away from the evil ones so we can use it for good.

That tells me everything I need to know about you, even without your race hatred. When Albert Speer went to Hitler to tell him that millions were going to die if he didn't evacuate Berlin, Hitler responded that "they deserved it". He was right. 

You don't deserve "the printing press"... you deserve early identification and neutralization. You're nothing but a different face of Lucifer.

Sun, 11/02/2014 - 10:02 | 5403674 Rememberweimar
Rememberweimar's picture

I'm sorry if I hurt your feelings... But the truth has to be told... The rich are getting richer at the expense of we the people... And our children... Now simple slaves to the Global Jewish Government of Criminal Counterfeiters...
Like I said, I'm sorry if the truth hits home... Maybe you could donate some of your trillions to charity...

Sun, 11/02/2014 - 11:26 | 5403865 Richard Chesler
Richard Chesler's picture

LOL

About 218 million pounds ($349 million) of undated debt paying 4 percent a year will be redeemed at par on Feb. 1, Osborne said today. The Debt Management Office estimates Britain has paid 1.26 billion pounds in interest since the bonds were sold in 1927.

http://www.bloomberg.com/news/2014-10-31/osborne-starts-paying-off-world...


Mon, 11/03/2014 - 17:33 | 5404542 Rememberweimar
Rememberweimar's picture

With all this hype about invisible terrorists on our terrorist Television sets nowadays, I thought some of you might be interested in learning the truth about who these people REALLY are... Because we all know that our TV sets tell nothing but lies to us...

http://justice4germans.com/third-reich/

http://www.zerohedge.com/news/2014-11-03/symbolic-arbeit-macht-frei-gate...

Sun, 11/02/2014 - 11:27 | 5403872 Bad Attitude
Bad Attitude's picture

Don't even notice the water getting warmer.....but it is.

Don't you know that's global warming? One of many endless distractions, misdirections, and flat out lies.

Forward (over the cliff)!

Sun, 11/02/2014 - 08:45 | 5403558 nuke ISIS now
nuke ISIS now's picture

You are one fucked up dude Weimer

Newsflash you fucking racist fuck, YOUR MASTER RACE LOST..we shut yur shit down

Im not Jewish, but its amazing that inbred fucktards like you still exist. Yes Hitler was a pussy, when it came down to it he took the cowards way out, like all of you gutless racist pig fucks would

REMEMBER THE U.S Kicked your Ass

Sun, 11/02/2014 - 09:03 | 5403577 Rememberweimar
Rememberweimar's picture

Lol... Sounds like you're smoking your own snatch crack my friend... You might want to set that pipe down...

Sun, 11/02/2014 - 11:04 | 5403818 quasimodo
quasimodo's picture

Wow, that is one impressive vocabumalary

Sun, 11/02/2014 - 11:29 | 5403877 trulz4lulz
trulz4lulz's picture

Actually Russia kicked their ass, we just nuked a surrendering countries civilian populations. We did help a bit though int he Western Front. But, Hitlers hubris and poor strategy lost WW2. Luckily for most high ranking German Nazis, America welcomed them into the United States with open arms, placing them amongst sensitive government programs. German Nazis helped America form their rocket programs, space programs, biological weapons programs, propaganda and intelligence programs, as well as their social program Planned Parenthood.

The more you know.

Sun, 11/02/2014 - 12:08 | 5403947 nuke ISIS now
nuke ISIS now's picture

Actually, i meant "we" as Allies, and unless i missed Russia being involed aginst Rommel in North Africa, I believe you are incorrect

Sun, 11/02/2014 - 13:37 | 5404206 J S Bach
J S Bach's picture

Nuke ISIS...

Yes, The Third Reich lost WWII against the entire rest of the planet, but their economic/monetary system did not.  What should be lauded (but never is), is the debt-free mark money miracle which thrust Germany out of the Great Depression almost immediately.  This, of course, was the real reason they had to be defeated.  Otherwise, the rest of the debt-slave world may have gotten wind of what was (and still is) truly going on.

Sun, 11/02/2014 - 04:49 | 5403382 tocointhephrase
tocointhephrase's picture

Worked hard all my life and for what (a few paltry oz's of au and ag). Stealing is forbidden. ..see the first 10 commandments...Good and bad in all religious faiths....you can't tarnish all people from one faith with the same brush. In the meantime try and get some help for your misplaced anger, it is eating you up and will do you no good moving forward. Sincerely A.JEW!

Sun, 11/02/2014 - 05:16 | 5403384 Rememberweimar
Rememberweimar's picture

We the people find you guilty as charged. But it's not too late for you. There is still time for you to stop telling lies and become a person of character... You could try Buddhism and repent for your sins...

Sun, 11/02/2014 - 05:17 | 5403399 tocointhephrase
tocointhephrase's picture

Since when did you speak for "we the people"? Liberate your mind first, that is the best place for you to start!

Sun, 11/02/2014 - 05:31 | 5403415 economics9698
economics9698's picture

Ah fuck people we know 22% of the tribe are not sociopaths.  

Sun, 11/02/2014 - 06:44 | 5403418 Rememberweimar
Rememberweimar's picture

They're disturbed criminals, not fully sociopatholigical criminals...

http://thezog.wordpress.com/who-controls-the-federal-reserve-system-part-1/

Mon, 11/03/2014 - 09:19 | 5404555 Rememberweimar
Rememberweimar's picture

Once the criminal genetics are established in a tribe after thousands of years of inbreeding, there is very little that can be done to change that if you continue to breed within that tribe...

http://m.youtube.com/watch?v=spDjhg1RKqY&feature=share

And THIS http://www.webofdebt.com/articles/bankrupt-germany.php

Sun, 11/02/2014 - 05:31 | 5403416 Rememberweimar
Rememberweimar's picture

It's called the first amendment, freedom of speech...

Something you Jew would like to do away with...

Sun, 11/02/2014 - 09:13 | 5403594 CoonT
CoonT's picture

Bless you!....get it?

Sun, 11/02/2014 - 04:26 | 5403365 AldousHuxley
AldousHuxley's picture

Bad zoos go unchecked and abuse the printing press.

Society expells all zoos.

zoos feel alienated.

zoos move to another emerging superpower.

zoos build wealth but don't share with gentiles on gentile homeland.

rise and repeat.

 

Zoos been in america for 3 generations or more now. Spoiled Jewish American Princesses still crying about holocaust while living on trust funds.....billionare zoo hedge fund managers sponsoring zoos to intermarry and trips to israel. 

time has come for cycle to repeat.....

 

Facebook zoos already got his future capital gains stacked in singapore.

Sun, 11/02/2014 - 06:43 | 5403386 Rememberweimar
Rememberweimar's picture

Hitler took the money printing press away from the parasites and returned it to its rightful owners... The good Christian people of Germany... Who saw it fit to serve justice... Because counterfeiting is punishable by death...

Remember Weimar

Sun, 11/02/2014 - 09:43 | 5403638 Bendromeda Strain
Bendromeda Strain's picture

Hitler took the money printing press away from the parasites and returned it to its rightful owners... The good Christian people of Germany

Again douchebag, when told that millions "of good Christians" were about to die in Berlin, your hero was said to reply "they deserve it". Too bad your mother didn't bust an ampule off in your mouth like Frau Goebbels did to her children.

Sun, 11/02/2014 - 10:03 | 5403684 Rememberweimar
Rememberweimar's picture

You really should seek professional help, you know...

Sun, 11/02/2014 - 12:08 | 5403959 Kinskian
Kinskian's picture

Back on subject, Hjalmar Schacht was a patriot and a banking visionary. It's impossible today for us to imagine an economy that serves its people or a banker that loves his country.

 

An American banker had commented, “Dr. Schacht, you should come to America. We’ve lots of money and that’s real banking.” Schacht replied, “You should come to Berlin. We don’t have money. That’s real banking.”

Sun, 11/02/2014 - 10:53 | 5403582 Rememberweimar
Rememberweimar's picture

How can you not love a tribe of criminals that's been stealing from the entire fucking planet since the beginning of time, yet never talk about the horrendous crimes they commit time and time again... or face any consequences what so ever, other than being kicked out of the territories they commit crimes in, even though they fully deserve it... Instead they always blame their victims... Time after time... And you will never, never, never get even one of them to tell the truth about their evil ways...

For example, try to get even one of them on this thread to admit that they are guilty of stealing the money printing press away from we the people and using it to print themselves money to get our assets away from us... Or that they tax us unnecessarily, because they already have all the fucking money...

Sun, 11/02/2014 - 10:56 | 5403803 sleigher
sleigher's picture

How does one implement a consequence against said tribe?  Historically they have been expelled from countries.  What is the proper consequence today?

Sun, 11/02/2014 - 11:33 | 5403887 trulz4lulz
trulz4lulz's picture

Send them all to Mars. That is their original homeland 500,000 years ago anyway, send them back. Us Gentile monkies have come far enough that we dont need the Chosenites any longer.

Sun, 11/02/2014 - 13:20 | 5404165 economics9698
economics9698's picture

For every action there is a equal and opposite reaction.  Translation = payback is a bitch.  Just because you can steal does not mean you should steal.

Mon, 11/03/2014 - 09:24 | 5403894 Rememberweimar
Rememberweimar's picture

Sad that public schools don't teach the truth about Weimar Germany and the crimes committed against the good German People.

http://www.webofdebt.com/articles/bankrupt-germany.php

http://justice4germans.files.wordpress.com/2013/08/life-in-the-third-rei...

Sun, 11/02/2014 - 05:34 | 5403417 The Most Intere...
The Most Interesting Frog in the World's picture

LOL yep in time for it to go to zero.  If only they paid for time on CNBC their outcome may have been different.

Sun, 11/02/2014 - 03:44 | 5403338 buttmint
buttmint's picture

shhhh! look at all those once prominent folks that "asked for their gold back," yet are now pushing up daisies. Credible word on the street at Venezula's Chavez was taken out by a particular CIA-delivered cancer.

Gaddahfi, Hussien, the list grows. Will Putin's name be added to this HIT LIST? If you have the chops to buy gold and are anti-Judism, then you also possess the chops to clear outta USA. Anyplace but. There is no perfect place on the planet.

But will you do it? Unlikely. You are lazy. You do not wish to unjack your computer, too lazy to learn a foreign language. Ask the Jews who stayed behind when the Obama Approach was clear and undeniable....and bearing down on them!

Sun, 11/02/2014 - 05:01 | 5403389 Rememberweimar
Rememberweimar's picture

Buttmint you are not right in the head... You may want to seek professional help...

Sun, 11/02/2014 - 03:54 | 5403345 luckylongshot
luckylongshot's picture

While you are close, the rarely told story of the Weimar hyperinflation is that it was the Rothschilds and their minions who caused it. Germany prior to WW! owned its central bank and thus challenged the parasitic banking entity that controlled the US and UK. As part of the peace agreement after ww1 Germany had to give control of its central bank to the Rothschilds who then used it as aweapon against the german people and caused the Weimar hyperinflation: One of Hitlers mistakes was blaming the jews for this rather than the Rothschild zionists who really were responsible.

Sun, 11/02/2014 - 05:02 | 5403390 Rememberweimar
Rememberweimar's picture

Nice try troll...
But you get a big "F" on your forehead...

Sun, 11/02/2014 - 05:09 | 5403396 luckylongshot
luckylongshot's picture

Rather than resorting to name calling when someone objects to your anti-semitic views, how about giving a sensible argument to back yourself up. My bet is I can provide more referenced sources to back up my claim than you can and will not need to call you any names to win the debate.

Sun, 11/02/2014 - 05:21 | 5403400 Rememberweimar
Rememberweimar's picture

Look Jew, even though you are clearly insane, I'm not going to get side tracked by your bag of tricks...

But I will give you some free advice. Your words sound a little bit pathetic, so I think maybe you should consider that you stop trolling and get a real job... For your self esteem at the very least...

Sun, 11/02/2014 - 05:28 | 5403411 luckylongshot
luckylongshot's picture

Hey I am a Tibetan Buddhist and if anyone is a Troll its you, stirring up anti-semitic hatred while refusing to discuss the role of the banksters. Here is some homework for you...Read Schacht (1967) Zarlenga (1999) and Hudson (2009) and learn what an idiot you have made of yourself, although I suspect you are being paid for it and so won't have too much of a problem learning that whaat you are saying is rubbish.

Sun, 11/02/2014 - 05:45 | 5403420 Rememberweimar
Rememberweimar's picture

Dude, your just a pathetic fucking troll working for the evil Jew, don't get so butt hurt...

Sun, 11/02/2014 - 05:56 | 5403437 tocointhephrase
tocointhephrase's picture

Profanity is the best you can do? Must have hit a raw nerve!

Sun, 11/02/2014 - 08:00 | 5403449 Rememberweimar
Rememberweimar's picture

You Shameless Jew parasites have quite the nerve... You steal from us and enslaves us for eternity with your evil fascism... Then you act all undignified because we plebes use a little profanity to aptly describe you best...

And your down arrows are a good indicator that I am the one that is striking a nerve... Too fucking bad trolls... You are the ones that are doing yourself damage by egging me on!

http://thezog.wordpress.com/who-controls-the-federal-reserve-system-part-1/

Remember Weimar

Sun, 11/02/2014 - 08:31 | 5403549 Took Red Pill
Took Red Pill's picture

This expains it; Member for 5 weeks 21 hours

Sun, 11/02/2014 - 08:37 | 5403552 Rememberweimar
Rememberweimar's picture

I've been here for about 10 years or so... But I think maybe you are the one that needs to do the explaining... Why you are sympathetic with the evil ones...

Sun, 11/02/2014 - 08:41 | 5403556 nmewn
nmewn's picture
Thats not what this says...
Rememberweimar Relationships
Relationship actions
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Member for
5 weeks 21 hours

Follow this user's comments

 

Sun, 11/02/2014 - 08:57 | 5403569 OW My Balls
OW My Balls's picture

There is some accuracy with regards to the assessments of how the 'nodes of power' have been hijacked, but he needs to work on his delivery [of the message] a little.

 

It's beyond my pay grade to determine where things have to devolve to UTTER HATRED before things change.

Sun, 11/02/2014 - 09:13 | 5403592 Rememberweimar
Rememberweimar's picture

Just anger... That anger which is fully just... Is different than hatred... Especially hatred of a race of people... That is wrong plain and simple.

But anger against a system of theft, enslavement and impoverishment is just. And justice is an extension of that.

Behead the messenger if you like

Sun, 11/02/2014 - 09:28 | 5403601 nmewn
nmewn's picture

Why did you feel like you had to lie about how long you've been here?

/////

Well?

Sun, 11/02/2014 - 09:31 | 5403618 Rememberweimar
Rememberweimar's picture

Sweetheart I have several different accounts on this site and other sites for reasons you should have the ability to ascertain... For all you know I could be the founding father of this site... (I'm not) I suggest you simply try to let information in that beautiful brain of yours once in a while... Let it get inside where you can figure out the truth for yourself... Instead of always being the one that delivers it... There are others on this site that have brains besides you, and you're not always right... Same for myself..

Sun, 11/02/2014 - 09:33 | 5403623 nmewn
nmewn's picture

"...I have several different accounts on this site..."

No doubt.

Mon, 11/03/2014 - 09:26 | 5406289 Rememberweimar
Sun, 11/02/2014 - 09:31 | 5403620 OW My Balls
OW My Balls's picture

@nmewn

 

IMHO, this dude is a troll or a plant trying to get people thinking he's a re-incarnation of francis_sawyer. Notice the 'ellipsis' endings to sentences.

 

But he's NOT francis_sawyer

 

A f_s comment would have looked like this: (draw your own conclusions)

 

http://www.zerohedge.com/news/2013-05-14/dojs-nixonian-phone-spying-scan...

 

 

 

@Ghordius

~~~

For the record... [& perhaps this is my fault for not making this clear in the past]... I personally consider the 'Rothschild' aspect of anything I talk about somewhat of a separate entity... IOW ~ I'm not delibrately using 'Rothschild' as an umbrella icon for any whole race of people, or group of folks [who would 'group themselves'] within the parameters of a particular religious affiliation...

Perhaps therein lies the 'confusion' [amongst ZH readers]

& if you think I'm 're-writing' my storyline, think again... [or else, do some work & go pull up some past comments that implicate me thereto]...

I've stated many times:

RELIGION. HAS. NOTHING. TO. DO. WITH. ANYTHING.

All I've ever really talked about, deep breath, is 'asymmetry': Curiously, MATHEMATICALLY IMPOSSIBLE  asymmetry in 'power nodes' [banking, MSM, political activism, jurisprudence]

Rothschild have traditionally had the exact same, let's call them 'interests'... But for now, let's call that 'anecdotal...

But any lawyer, detective, or person with half a brain would be an idiot to dismiss all possibilities, out of the inconvenience that that puts pressure upon their personal desire to see themselves as a liberal minded, or unprejudice individual...

 

Sun, 11/02/2014 - 09:37 | 5403632 nmewn
nmewn's picture

He's a troll, he just outed himself and admits to multiple accounts.

Ain't "democracy" grand? One man, one vote...lol.

Sun, 11/02/2014 - 10:04 | 5403681 OW My Balls
OW My Balls's picture

Yeah. I said what I needed to say. I don't need to thread bomb every comment to get my point across. If people think it has merit, great! If not Oh well!

Sun, 11/02/2014 - 10:07 | 5403696 Rememberweimar
Rememberweimar's picture

What, you trolls think that you are the only ones with multiple accounts and multiple computers?..

You really are a small minded bunch aren't you...

Sun, 11/02/2014 - 10:20 | 5403732 nmewn
nmewn's picture

How many accounts do you have, by the way? ;-)

Mon, 11/03/2014 - 09:30 | 5406294 Rememberweimar
Rememberweimar's picture

I have ten thousand accounts, every one of them managed by a real human. We call our self Socialists and we're here to take our country back from you chosenites

http://www.webofdebt.com/articles/bankrupt-germany.php

http://justice4germans.files.wordpress.com/2013/08/life-in-the-third-rei...

Sun, 11/02/2014 - 10:13 | 5403716 skepsis101
skepsis101's picture

OW & nmewn,

This is more than trolling.  whinemar is no francis sawyer.  FS's comments, no matter how much one might disagree with his adamancy or prejudice, were cogent, well-argued, and usually supported with some data or reference, even if many didn't like his conclusions.  This creep doesn't know the difference between 5 weeks and 5 years of ZH commentary.

I have watched the last year of comments on this site become flooded with just this type of hyperbolic insanity which come off as shallow and affected.  Time and again brand new no-names are launching into vitriol and ad hominem attack with little or no addition to whatever the debate of the moment is.  No citations, no historical references, no financial/economic curiousity . . . just mayhem.   I submit the likelihood that our Weimar guest is just another government operative sent to incite ZH commenters to both hijack discussion, pollute and dilute the value of the site, and perhaps, draw out salacious commentary in order to "tag" individual commenters here for blacklisting and future attention.  This is guy is nothing more another loathsome and sickening Langley psyops cretin indicative of just how low the USA has sunk.

 

 

Sun, 11/02/2014 - 10:29 | 5403748 Rememberweimar
Rememberweimar's picture

You're not a very good liar... You're telegraphing your punch, so to speak... You need to work on that a little...

Sun, 11/02/2014 - 10:33 | 5403755 nmewn
nmewn's picture

Gotta agree with ya there.

As my very first comment said (down below, check the time stamp, Sun, 11/02/2014 - 07:32 | 5403492) if he wasn't careful one his fellow travelers is going to accuse him of being a zionist mis-info agent.

He wasn't smart enough to pick up on it of course.

The really REALLY funny (or sad) thing is, he left thirty some odd greenies hanging out to dry with his bullshit, they all voted a troll (psy-op or otherwise) up.

Hey, whatever...lol.

Sun, 11/02/2014 - 10:43 | 5403771 OW My Balls
OW My Balls's picture

When a message [any message], disintegrates into simply being a caricature of itself [& offers zero in terms of fresh insights]. The net effect is to turn people off, & tune them out.

 

Perhaps that's exactly what we're dealing with here [a PSY OP], or perhaps not. There are enough smart people still around here to figure that out.

 

 

Sun, 11/02/2014 - 11:38 | 5403900 Rememberweimar
Rememberweimar's picture

Get a life...

Sun, 11/02/2014 - 10:34 | 5403759 shovelhead
shovelhead's picture

He's one of those "Mommy beat me with clotheshangers and locked me in the closet" kind of children.

They always act out in predictable ways seeking attention.

Ignore them and they go away seeking attention elsewhere.

Sun, 11/02/2014 - 10:47 | 5403785 nmewn
nmewn's picture

Yeah, I just felt like fighting this morning, he was a nice tune up ;-)

Sun, 11/02/2014 - 11:03 | 5403807 Rememberweimar
Rememberweimar's picture

Fuck, are you all done coming all over yourselves?

You're all lightweights when it actually comes down to the nuts and bolts of it, aren't you?

I expected much more from you all here today.

Although I didn't expect to see any real show of strength because we all know that strength comes from truth, and none of you have any of that now do you...

Better hire some better trolls.

Good luck with that.

Remember that you can't fool Weimar, even with multiple computers attacking him with down votes and your incessant blah blah blah..

Sun, 11/02/2014 - 05:25 | 5403406 escapeefromOZ
escapeefromOZ's picture

In about 80 years the Jew Cabal has managed to destroy two european nations . Germany and the USA . What those people will do when the USA is destroyed ? Return to Germany and start again their usual tricks . Infiltration , control and looting ? There are signs that things don't look good in Israhell and a lot of zionists want to migrate to Germany ? It should no be allowed . 

Another article of interest 

http://henrymakow.com/2014/10/Basil-Zaharoff.html

 

Sun, 11/02/2014 - 08:01 | 5403423 Rememberweimar
Sun, 11/02/2014 - 05:40 | 5403424 economics9698
economics9698's picture

The world is onto their shit.  Burned a few too many bridges.  Shit will end soon.

Sun, 11/02/2014 - 09:35 | 5403626 Rememberweimar
Rememberweimar's picture

It will end as soon as we want it to. All we the people have to do is start putting the criminals in jail where they belong.

Sun, 11/02/2014 - 10:31 | 5403751 sleigher
sleigher's picture

Judea declares war on Germany. 

Remember Weimar

http://www.biblestudysite.com/judea%20declares%20war%20-800px.jpg

 

Sun, 11/02/2014 - 11:05 | 5403820 Rememberweimar
Rememberweimar's picture

10,000 up arrows for you my friend!

Sun, 11/02/2014 - 00:14 | 5403146 petkovplamen
petkovplamen's picture

this ain't no /.

Sat, 11/01/2014 - 22:14 | 5402931 Bumbu Sauce
Bumbu Sauce's picture

When we tire of paper currency, watch for the hankering for an electronic currency only.

Sat, 11/01/2014 - 22:22 | 5402943 Idaho potato head
Idaho potato head's picture

Sure thing let the unrestrained creation from thin air continue, that'll fix it!

Sat, 11/01/2014 - 22:39 | 5402982 Rememberweimar
Rememberweimar's picture

All crypto currency is printed by Jews...

Sun, 11/02/2014 - 00:09 | 5403134 Rootin' for Putin
Rootin' for Putin's picture

jewcoin, cryptojew, bitjew, darn things are everywhere!

Sun, 11/02/2014 - 05:03 | 5403391 Rememberweimar
Rememberweimar's picture

In this case, the down arrows indicate that you are hitting the Jew where it hurts!

Good job, keep up the good work!

Sun, 11/02/2014 - 09:14 | 5403595 Anglophobe
Anglophobe's picture

weimer uses classic troll tools, inflame hatred by bringing up sensitive issues ... remeber that article a few weeks back about the jewish guy that went to message boards and posted antisemitic things to stop the debate .... pretty much what weimer is doing today .... prolly some jewish guy trying to stop and censor debate .... ive know plenty of jewish people in my life, plenty of muslim people , plenty of black people , plenty of irish people(im irish:)) , and the common demonitator between them all? they all dont fit the stereotypes you hear about them ..... except irish maybe bc my family loves to drink ... anyway a few ultra powerful jewish familys who arent really jews they are satanists do run money creation like the rothchilds ... this does not mean your neighborly jewish guy is anything but your neighbor ... lets be sensible here 

Sun, 11/02/2014 - 09:36 | 5403603 Rememberweimar
Rememberweimar's picture

Hahaha... If you have a Jew as a neighbor then I hope you have a really good lawyer and an even better job to pay him...

Sun, 11/02/2014 - 11:13 | 5403833 sleigher
sleigher's picture

The International Jew 

http://www.radioislam.org/ford/TheInternationalJew.pdf

 

There is a difference and apparently it has been known for some time.

Sun, 11/02/2014 - 00:14 | 5403143 TheAnalOG
TheAnalOG's picture

We are third generation Roman Catholic and cryptcoins fly out of my butt.  Not Jew.  Fully Garfunkeled, we assure you.

Sun, 11/02/2014 - 07:12 | 5403392 Rememberweimar
Rememberweimar's picture

If you are printing yourself money for nothin, YOU ARE NOTHIN BUT A CLASSIC JEW... And remember the law of the land - counterfeiting is punishable by death and always will be. So don't go shrieking Holocaust when your karma comes back to get you... And as far as paper money goes, The problem isn't that money is being printed... The problem is that it's being printed by the Jew for the Jew... Instead of by the people for the people...

http://thezog.wordpress.com/who-controls-the-federal-reserve-system-part-1/

Remember Weimar

Sun, 11/02/2014 - 09:16 | 5403597 crazytechnician
crazytechnician's picture

You are a fucking idiot.

Sun, 11/02/2014 - 09:36 | 5403635 Rememberweimar
Rememberweimar's picture

I'm sorry if what I'm saying is going right over the top of your head... Maybe you should stop partying so much...

Sat, 11/01/2014 - 22:22 | 5402950 Uncle Sugar
Uncle Sugar's picture

As I see it, the CB's could print enough fiat to buy the entire planet.  Real estate, stocks, resources. The whole damn thing.  If they buy it all (look at the banks in Japan buying equities directly) and then crash the system, it'll be too late for the 99.99%ers.  Slaves forever.

Sat, 11/01/2014 - 22:40 | 5402987 Bohm Squad
Bohm Squad's picture

99.99% means it's 10000 to 1.  Wish people would get it...

Sun, 11/02/2014 - 05:27 | 5403408 The Most Intere...
The Most Interesting Frog in the World's picture

If anyone has young kids you might have seen "A Bugs Life".  This animated movie is to your point and a direct parallel to what is going on right now.  Hoping for the same good ending.

Sun, 11/02/2014 - 09:18 | 5403599 Anglophobe
Anglophobe's picture

good point, alot of good proliberty movies lately which is awesome ... watched winter soldier last night .... great movie 

Sat, 11/01/2014 - 22:41 | 5402990 Rememberweimar
Rememberweimar's picture

Depends on who controls the guns, drones and bombs...

http://thezog.wordpress.com/who-controls-the-defense-department/

Sun, 11/02/2014 - 05:55 | 5403435 barre-de-rire
barre-de-rire's picture

 

 

why gov are so late about techs while ppl are way better creating and using technologies...  contactless CB with wifi rfid, banking system for <20$ someone with android/iphone scan your CB and steal your money.

 

moest leverage ever on this top scam bitcoin...

 

fact is, even if it is easy to rig electronic, digits for fed, banks  'n co... they cannot go full digital.

 

for 2 main reason :

 

1- IF, and one day it will, there is an offgrid, solar etc... whatever, no power = no money, while paper money can be used with candles...

2- hackers all over the world  will have the ability TOO, to add digits on accounts, that is not acceptable by the system. so they never let the mass having possibility to gain acces to the rig unit. :)

 

you will always got phys paper. digital is too dangerous, we do not have secure grid, how you wanna secure digit money...

 

Sun, 11/02/2014 - 06:25 | 5403454 Rememberweimar
Rememberweimar's picture

Good point

Sun, 11/02/2014 - 07:16 | 5403478 Buster Cherry
Buster Cherry's picture

Which can only work when there is electricity.

Sun, 11/02/2014 - 09:39 | 5403550 Rememberweimar
Rememberweimar's picture

The most important point is that the tribe doesn't want to work... They want to keep us as impoverished slaves to work for them without having any freedom, rights or ever accumulating any real wealth for ourselves and our children for generations...

Sat, 11/01/2014 - 22:14 | 5402933 IronShield
IronShield's picture

Ya, das ist not gut.

Kommt soon.

Sat, 11/01/2014 - 22:52 | 5403018 Freddie
Freddie's picture

Another example of why banksters are psychopaths.

http://www.telegraph.co.uk/news/worldnews/asia/hongkong/11203291/British...

British 'banker' arrested over Hong Kong 'prostitute' murder A British man thought to work for a top bank has been arrested after the decomposing bodies of two people were found in a smart apartment block in Hong Kong
Sat, 11/01/2014 - 22:17 | 5402937 Idaho potato head
Idaho potato head's picture

But but, this time it's different, Ja vol!

Sat, 11/01/2014 - 22:19 | 5402942 zorba THE GREEK
zorba THE GREEK's picture

The difference between the Germans in 1919 and the U.S. In 2014 is that the Germans were a lot smarter. Now that's scary.

Sat, 11/01/2014 - 22:37 | 5402977 Rememberweimar
Rememberweimar's picture

Problem is that there are not many of us Germans in the U.S. If there were more of us here, America would have not been fighting on the wrong side of WW2...
We would have helped Hitler defeat the Bankers instead...

Sat, 11/01/2014 - 22:40 | 5402986 Bumbu Sauce
Bumbu Sauce's picture

There are over 50 million German Americans.  They probably have the greatest influence in America outside the British.

Sat, 11/01/2014 - 22:43 | 5402994 Rememberweimar
Rememberweimar's picture

Amen to that as long as they are the good Christian Germans and not the German Jew parasites...

Sat, 11/01/2014 - 22:46 | 5403004 Bumbu Sauce
Bumbu Sauce's picture

"German Jew parasites"

Spoken like a good NAZI.

Sat, 11/01/2014 - 23:00 | 5403026 Rememberweimar
Rememberweimar's picture

Thank you, I gave you an up vote!

National Socialism is the opposite of Jew Parasitism...

Sat, 11/01/2014 - 23:43 | 5403095 tarabel
tarabel's picture

 

 

And I'm giving you one for finally coming out of the closet rather than hiding your obvious predilections behind a series of laughable euphemisms.

The only difference between your concept of Jew parasitism and Nazi parasitism is the fashion choices of the overseers.

Of course National Socialism is also the opposite of the Enlightenment Radicalism which serves as the intellectual foundation of this country so I'll hang with the Lockeans and the Jeffersonians, et al. 

Sun, 11/02/2014 - 05:10 | 5403394 Rememberweimar
Rememberweimar's picture

Yes, you Jew are brilliant, but quite evil. Your lies ring hollow. The people are waking up. You Jew are living in fear. You fear getting real jobs like the rest of us.

Sucks to be you...

Sun, 11/02/2014 - 05:29 | 5403410 tocointhephrase
tocointhephrase's picture

So, exactly how much are you being paid by governments to troll this website spewing your vial bial? Call that a job. Perrrleeeze

Sun, 11/02/2014 - 05:48 | 5403430 Rememberweimar
Rememberweimar's picture

I'm just a bored person with no money.... The Jew took it all

Sun, 11/02/2014 - 09:25 | 5403612 Anglophobe
Anglophobe's picture

i was born poor and broke into a broken family... irish catholics but my parents turned there back on the church bc of the obvious abuses unto the people ... my older brother is constantly in jail and my younger sister is always with a asshole guy ... anyway i steered the course ... im 31 i make about 55k a year ... own 1 home a triplex ... when my child gets to school age ill buy another single family home, have about 40k saved and another 20k in PMs .... and i did this all on working 50 hours a week last 6 years and moving up to top salesman in my company by putting in more effort .... you weimer sound like a pathetic basement dweller that blames all your problems on the boogeyman ... you are a loser .... i have some advice for you .... save the planet and kill yourself ... or get a job and stop blaming your problems on other people 

Sun, 11/02/2014 - 09:41 | 5403639 Rememberweimar
Rememberweimar's picture

Like I said before, I'm sorry for your loss.

Maybe you should try Buddhism?

Sun, 11/02/2014 - 12:09 | 5403964 optimator
optimator's picture

RememberW, Wow are you getting the down arrows.  That proves one heck of a lot of them read Zero.

Sun, 11/02/2014 - 15:35 | 5404474 Rememberweimar
Rememberweimar's picture

It's like the coolest thing ever, I fucking grabbed the hornets nest and threw it in the fire!..

Sun, 11/02/2014 - 04:20 | 5403361 tocointhephrase
tocointhephrase's picture

"Good Christian Germans" worship a Jew. His name is Jesus!

Sun, 11/02/2014 - 05:12 | 5403397 Rememberweimar
Rememberweimar's picture

You are correct, Jesus was born amongst the Jew and the Gentile... But he had every right to be angry like Hitler did. The Jew has been inbreeding for thousand of years and his criminal Jew genetics are quite distasteful because of it...

Sun, 11/02/2014 - 05:22 | 5403401 tocointhephrase
tocointhephrase's picture

Pure drivel. Seek help, your mind needs it!

Sun, 11/02/2014 - 06:49 | 5403432 Rememberweimar
Rememberweimar's picture

You Jews just can't stand the truth now can you?

http://thezog.wordpress.com/who-controls-the-federal-reserve-system-part-1/

Sun, 11/02/2014 - 05:36 | 5403421 tocointhephrase
tocointhephrase's picture

Whilst I should let you starve (ignore trolls) I will throw you one last piece of food.  Say hello to my Catholic wife and angelic looking Son who is half Jew. Please chew properly otherwise you might choke.  Have a wonderful life my friend! 

Sun, 11/02/2014 - 06:52 | 5403434 Rememberweimar
Rememberweimar's picture

I'm so sorry about your loss... Oh, and by the way, I'm the exact opposite of an evil troll... I'm on the side of good... I'm the anti-troll...

Sat, 11/01/2014 - 22:58 | 5403020 Freddie
Freddie's picture

Hollywood and TV endlessly demonized Germans for what 80 to 100 years.

Banksters goals are to get Christians to kill each other for a profit.  Ditto Muslims.

Every war in Europe for the past 300 years has been about money going into banksters pockets.

Every American war since 1861 especially The Civil War.  1.1 million killed in a genocide to "stop slavery."  More like to get the Federal Govt in the nationwide slavery business.  

Sun, 11/02/2014 - 07:36 | 5403032 Rememberweimar
Rememberweimar's picture

HollyJewood...

The Jew controls your mind...

http://thezog.wordpress.com/who-controls-hollywood/

Remember Weimar will never let a Jew control his mind

Sat, 11/01/2014 - 22:21 | 5402946 IronShield
IronShield's picture

There will never be a gold backed currency again; ever.

There will be a distinct separation of use, however.  One for exchange, one for saving.  And, after the initial adjustment period (involving significant pain), we will continue on a more sustainable path to the future.

Sat, 11/01/2014 - 22:37 | 5402979 Bohm Squad
Bohm Squad's picture

IronShield should read some of SilverShield's work. 

 

Sat, 11/01/2014 - 23:22 | 5403078 IronShield
IronShield's picture

Silver is a great, wait for it, commodity.  It has many uses in industry and is rather important but will never serve as a wealth preserve.

Gold on the other hand, is none of that.  It is the ONLY wealth preservation mechanism that is time tested over several thousand years.

Hopefully you will realize this and vacate your silver stash in exchange for gold; before it's too late.

Sat, 11/01/2014 - 23:37 | 5403093 joego1
joego1's picture

You don't understand, when fiat fails PM's and everything else of real value goes up together. Depending on the severity of the crash water and food could be more valuble than anything for a while. Once things start getting back to normal PM's will serve as the cornerstone of stable money.

Sun, 11/02/2014 - 00:23 | 5403156 IronShield
IronShield's picture

Well, true, you should have a store of water and food to last at least 3 months.  And some silver isn't a bad idea.  But my premise has to do with wealth preservation and I don't believe silver fulfills that role.  If it did, then central banks around the world would hold that on their balance sheets, but they don't.

Sun, 11/02/2014 - 00:51 | 5403197 Bohm Squad
Bohm Squad's picture

"If it did, then central banks around the world would hold that on their balance sheets, but they don't."

That is an appeal to authority...aka a logical fallacy.  There's a lot the central banks don't carry on their balance sheets, but that doesn't mean they are not stores of value.

Sun, 11/02/2014 - 12:06 | 5403941 optimator
optimator's picture

Currency will be in items such as coffee, liquor, cigarettes.

Sun, 11/02/2014 - 01:01 | 5403176 Bohm Squad
Bohm Squad's picture

Gold to Silver ratio greater than, wait for it, 72:1

Gold and silver are both very good at preservation of wealth...I'm not sure why you would say it isn't.  Ancient Greeks were minting it into coins in 450BC...~2500 years as money seems to be enuf' street cred for me.

So, if both are considered money, and one appears greatly overvalued when compared to the other, especially in historical terms, and given the large amount of research showing one has been manipulated to be less expensive in USD terms, and one is consumed whereas the other isn't, and one has dual purposes whereas the other doesn't, and...oh nevermind.

Besides, what makes you think I have a stash...maybe I keep all my money, dutifully, in a gub'mint approved, cartel-controlled banking conglomerate. 

 

Sun, 11/02/2014 - 01:03 | 5403210 IronShield
IronShield's picture

Silver is often purchased by the common man for the reason that it is cheap while providing the feeling of being flush with their stack.

Wealth preservation, as practiced by entities (countries, prominent families, et al) having existed for ages maintain their wealth in gold.

History of wealth preservation doesn't favor the common man, therefore, ah, never mind.  ;-)

Sun, 11/02/2014 - 01:09 | 5403218 Bohm Squad
Bohm Squad's picture

Good luck with your investments.

Sun, 11/02/2014 - 08:12 | 5403526 IronShield
IronShield's picture

That's what makes a market.

And the same to you.

Sun, 11/02/2014 - 08:52 | 5403566 Cloud9.5
Cloud9.5's picture

If you have a tube of silver eagles you are not common.  A half dozen Morgans does not make you a stacker.

Do NOT follow this link or you will be banned from the site!