The real reason for wars is always hidden from the general public, even for centuries. In World War II, Hitler did something that often enrages the masters of the world. Hitler created his own monetary standard, the labor standard, outside the circuits of central banks. According to the labor standard, money was backed by public works and infrastructure. You could create money to build those works; outside of that, you could not create money. Did it work? Well, I suppose so, because Germany went from being ruined to practically becoming the world’s leading power in just a few years. The rest is history. Appendix: - Saddam Hussein tried to have oil paid for in Euros. - Muammar Gaddafi tried to create an African currency backed by gold. - The Russian Tsars refused to establish a central bank.

Replies (18)

OptimusPrime's avatar
OptimusPrime 2 months ago
Ceausescu in Romania managed to pay all country external debts (the only case in modern history) and worked with Arab countries for a separate trading system based on gold and oil.
Any recommended sources on the labor standard thing? It seems similar in nature to what Richard Werner has been advocating for, that is a monetary setup where banks can only create money for productive investments (so for example one cannot borrow new money yo buy a house).
No, it’s all statism, and statism is bullshit no matter how you look at it. My anti-statist stance isn’t inconsistent with seeking the truth of history, but that doesn’t make Hitler a good guy.
Well, you'll have to look in revisionist books, because the official ones will tell you it's a lie and nothing but propaganda. But the figures are there; they just want to hide them.
Jeff 's avatar
Jeff 2 months ago
Hey, his economy was booming and the bankers didn’t like it. Call it statism, but it worked.
Jeff 's avatar
Jeff 2 months ago
Maybe so, but the US has also been tied to the banking system for decades. Hitlers economy was outside the banking system, which is why they waged war on him and the others they killed that opposed central banking. I’m not sure there is a perfect system, and who really knows how the German economy would’ve worked out if there was no war.
test1's avatar
test1 2 months ago
nunca he encontrado una explicacion facil para ese tipo de sistema que implemento Alemania esos años.
facultyofsight's avatar
facultyofsight 2 months ago
Yes please elaborate. Deutsche Quellen? Definitely haven’t heard about it in my school years 🙃
Noah Fischer's avatar
Noah Fischer 2 months ago
Hitler’s labor standard was an attempt to bypass debt-based monetary systems, but it’s a stretch to call it successful—Germany still relied on plunder and forced labor. Today, central banks are hoarding gold as a hedge against fiat instability, which echoes the same tension between state and supranational control.
Well, invading other countries and trying to force your vision on others, at the price of killing you, was probably a good reason to go to war.
Clippycoiner's avatar
Clippycoiner 2 months ago
And now why do you think they've been working hard to co-opt "crypto" and create a dollar CBDC, while during the same era, something suspicious has been going on with Bitcoin Core and the OP_RETURN limit?