Hitler Was Financed by the Federal Reserve and the Bank of England

Share

Hits: 1156

 

The recent resolution of the parliamentary Assembly of the OSCE fully equalizes the role of the Soviet Union and Nazi Germany at the outbreak of the Second World War, except that it had the purely pragmatic purpose of extorting money from Russia on the contents of some of the bankrupt economies, intended to demonize Russia as the successor state to the USSR, and to prepare the legal ground for the deprivation of her right to speak out against revision of results of war.

 
But if we approach the problem of responsibility for the war, then you first need to answer the key question: who helped the Nazis come to power? Who sent them on their way to world catastrophe? The entire pre-war history of Germany shows that the provision of the “necessary” policies were managed by the financial turmoil, in which, by the way, the world was plunged into.
 
The key structures that defined the post-war development strategy of the West were the Central financial institutions of Great Britain and the United States — the Bank of England and the Federal Reserve System (FRS) — and the associated financial and industrial organizations set out a target to establish absolute control over the financial system of Germany to control political processes in Central Europe. To implement this strategy it is possible to allocate the following stages:
 
1st: from 1919 to 1924 — to prepare the ground for massive American financial investment in the German economy;
 
2nd: from 1924 to 1929 — the establishment of control over the financial system of Germany and financial support for national socialism;
 
3rd: from 1929 to 1933 — provoking and unleashing a deep financial and economic crisis and ensuring the Nazis come to power;
 
4th: from 1933 to 1939 — financial cooperation with the Nazi government and support for its expansionist foreign policy, aimed at preparing and unleashing a new World War.
 
In the first stage, the main levers to ensure the penetration of American capital into Europe began with war debts and the closely related problem of German reparations. After the US’ formal entry into the first World War, they gave the allies (primarily England and France) loans to the amount of $8.8 billion. The total sum of war debts, including loans granted to the United States in 1919-1921, was more than $11 billion.
 
To solve this problem, debtor countries tried to impose a huge amount of extremely difficult conditions for the payment of reparations at the expense of Germany. This was caused by the flight of German capital abroad, and the refusal to pay taxes led to a state budget deficit that could be covered only through mass production of unsecured Marks. The result was the collapse of the German currency — the “great inflation” of 1923, which amounted to 578 (512%), when the dollar was worth 4.2 trillion Marks. German Industrialists began to openly sabotage all activities in the payment of reparation obligations, which eventually caused the famous “Ruhr crisis” — Franco-Belgian occupation of the Ruhr in January 1923.
 
The Anglo-American ruling circles, in order to take the initiative in their own hands, waited for France to get caught up in a venturing adventure and to prove its inability to solve the problem. US Secretary of State Hughes pointed out: “It is necessary to wait for Europe to mature in order to accept the American proposal.”
 
The new project was developed in the depths of “JP Morgan & Co.” under the instruction of the head of the Bank of England, Montagu Norman. At the core of his ideas was representative of the “Dresdner Bank” Hjalmar Schacht, who formulated it in March 1922 at the suggestion of John Foster Dulles (future Secretary of state in the Cabinet of President Eisenhower) and legal adviser to President W. Wilson at the Paris peace conference. Dulles gave this note to the chief Trustee “JP Morgan & Co.”, and then JP Morgan recommended that H. Schacht, M. Norman, and the last of the Weimar rulers. In December, 1923, H. Schacht would become Manager of the Reichsbank and was instrumental in bringing together the Anglo-American and German financial circles.
 
In the summer of 1924, the project known as the “Dawes plan” (named after the Chairman of the Committee of experts who created it – American banker and Director of one of the banks of the Morgan group), was adopted at the London conference. He called for halving the reparations and solved the question about the sources of their coverage. However, the main task was to ensure favorable conditions for US investment, which was only possible with stabilization of the German Mark.
 
To this end, the plan gave Germany a large loan of $200 million, half of which was accounted for by JP Morgan. While the Anglo-American banks gained control not only over the transfer of German payments, but also for the budget, the system of monetary circulation and to a large extent the credit system of the country. By August 1924, the old German Mark was replaced by a new, stabilized financial situation in Germany, and, as the researcher G.D Preparta wrote, the Weimar Republic was prepared for “the most picturesque economic aid in history, followed by the most bitter harvest in world history” — “an unstoppable flood of American blood poured into the financial veins of Germany.”
 
The consequences of this were not slow to appear.
 
 
This was primarily due to the fact that the annual reparations were to cover the amount of debt paid by the allies, formed by the so-called “absurd Weimar circle”. The gold that Germany paid in the form of war reparations, was sold, pawned, and disappeared in the US, where it was returned to Germany in the form of an “aid” plan, who gave it to England and France, and they in turn were to pay the war debt of the United States. It was then overlayed with interest, and again sent to Germany. In the end, all in Germany lived in debt, and it was clear that should Wall Street withdraw their loans, the country will suffer complete bankruptcy.
 
Secondly, although formal credit was issued to secure payment, it was actually the restoration of the military-industrial potential of the country. The fact is that the Germans were paid in shares of companies for the loans so that American capital began to actively integrate into the German economy.
 
The total amount of foreign investments in German industry during 1924-1929 amounted to almost 63 billion gold Marks (30 billion was accounted for by loans), and the payment of reparations — 10 billion Marks. 70% of revenues were provided by bankers from the United States, and most of the banks were from JP Morgan. As a result, in 1929, German industry was in second place in the world, but it was largely in the hands of America’s leading financial-industrial groups.
 
“Interessen-Gemeinschaft Farbenindustrie”, the main supplier of the German war machine, financed 45% of the election campaign of Hitler in 1930, and was under the control of Rockefeller “Standard oil”. Morgan, through “General Electric”, controlled the German radio and electrical industry via AEG and Siemens (up to 1933, 30% of the shares of AEG owned “General Electric”) through the Telecom company ITT — 40% of the telephone network in Germany.
 
In addition, they owned a 30% stake in the aircraft manufacturing company “Focke-Wulf”. “General Motors”, belonging to the DuPont family, established control over “Opel”. Henry Ford controlled 100% of the shares of “Volkswagen”. In 1926, with the participation of the Rockefeller Bank “Dillon, Reed & Co.” the second largest industrial monopoly in Germany after “I.G Farben” emerged — metallurgical concern “Vereinigte Stahlwerke” (Steel trust) Thyssen, Flick, Wolff, Feglera etc.
 
American cooperation with the German military-industrial complex was so intense and pervasive that by 1933 the key sectors of German industry and large banks such as Deutsche Bank, Dresdner Bank, Donat Bank etc were under the control of American financial capital.
 
The political force that was intended to play a crucial role in the Anglo-American plans was being simultaneously prepared. We are talking about the funding of the Nazi party and A. Hitler personally.
 
As former German Chancellor Brüning wrote in his memoirs, since 1923, Hitler received large sums from abroad. Where they went is unknown, but they were received through Swiss and Swedish banks. It is also known that, in 1922 in Munich, a meeting took place between A. Hitler and the military attache of the US to Germany – Captain Truman Smith – who compiled a detailed report for his Washington superiors (in the office of military intelligence), in which he spoke highly of Hitler.
 
It was through Smith’s circle of acquaintances Hitler was first introduced to Ernst Franz Sedgwick Hanfstaengl (Putzie), a graduate of Harvard University who played an important role in the formation of A. Hitler as a politician, rendered him significant financial support, and secured him the acquaintance and communication with senior British figures.
 
Hitler was prepared in politics, however, while Germany reigned in prosperity, his party remained on the periphery of public life. The situation changed dramatically with the beginning of the crisis.
 
Since the autumn of 1929 after the collapse of the American stock exchange was triggered by the Federal Reserve, the third stage of the strategy of Anglo-American financial circles started.
 
The Federal Reserve and JP Morgan decided to stop lending to Germany, inspired by the banking crisis and economic depression in Central Europe. In September 1931, England abandoned the gold standard, deliberately destroying the international system of payments and completely cutting off the financial oxygen to the Weimar Republic.
 
But a financial miracle occurred with the Nazi party: in September 1930, as a result of large donations from Thyssen, “I.G. Farben”, Kirdorf’s party got 6.4 million votes, and took second place in the Reichstag, after which generous investments from abroad were activated. The main link between the major German industrialists and foreign financiers became H. Schacht.
 
On January 4th, 1932, a meeting was held between the largest English financier M. Norman, A. Hitler, and von Papen, which concluded a secret agreement on the financing of the NSDAP. This meeting was also attended by US policymakers and the Dulles brothers, something which their biographers do not like to mention. On January 14th, 1933, a meeting between Hitler, Schroder, Papen and Kepler took place, where Hitler’s program was fully approved. It was here that they finally resolved the issue of the transfer of power to the Nazis, and on 30th January Hitler became Chancellor. The implementation of the fourth stage of the strategy thus begun.
 
The attitude of the Anglo-American ruling circles to the new government was very sympathetic. When Hitler refused to pay reparations, which, naturally, called into question the payment of war debts, neither Britain nor France showed him the claims of the payments. Moreover, after the visit in the United States in May 1933, H. Schacht was placed again as the head of Reichsbank, and after his meeting with the President and the biggest bankers on Wall Street, America allocated Germany new loans totalling $1 billion.
 
 
In June, during a trip to London and a meeting with M. Norman, Schacht also sought an English loan of $2 billion, and a reduction and then cessation of payments on old loans. Thus, the Nazis got what they could not achieve with the previous government.
 
In the summer of 1934, Britain signed the Anglo-German transfer agreement, which became one of the foundations of British policy towards the Third Reich, and at the end of the 30’s, Germany became the main trading partner of England. Schroeder Bank became the main agent of Germany in the UK, and in 1936 his office in New York teamed up with the Rockefellers to create the “Schroeder, Rockefeller & Co.” investment Bank, which “Times” magazine called the “economic propagandist axis of Berlin-Rome”. As Hitler himself admitted, he conceived his four-year plan on the basis of foreign financial loans, so it never inspired him with the slightest alarm.
 
In August 1934, American “Standard oil” in Germany acquired 730,000 acres of land and built large oil refineries that supplied the Nazis with oil. At the same time, Germany secretly took delivery of the most modern equipment for aircraft factories from the United States, which would begin the production of German planes.
 
Germany received a large number of military patents from American firms Pratt and Whitney”, “Douglas”, “Curtis Wright”, and American technology was building the “Junkers-87”. In 1941, when the Second world war was raging, American investments in the economy of Germany amounted to $475 million. “Standard oil” invested – 120 million, “General motors” – $35 million, ITT — $30 million, and “Ford” — $17.5 million.
 
The close financial and economic cooperation of Anglo-American and Nazi business circles was the background against which, in the 30’s, a policy of appeasement led to world war II.
 
Today, when the world’s financial elite began to implement the “Great depression — 2” plan, with the subsequent transition to the “new world order”, identifying its key role in the organization of crimes against humanity becomes a priority.
 

Originally published on 2016-05-14
 
About the author: Yuri Rubtsov is a doctor of historical sciences, academician of the Academy of military sciences, and member of the International Association of historians of world war II.
 
Translated by Ollie Richardson for Fort Russ.
 
Source: Fort Russ

Origins of images: Facebook, Twitter, Wikimedia, Wikipedia, Flickr, Google, Imageinjection & Pinterest.

Read our Disclaimer/Legal Statement!

Donate to Support Us

We would like to ask you to consider a small donation to help our team keep working. We accept no advertising and rely only on you, our readers, to keep us digging the truth on history, global politics and international relations.

[wpedon id=”4696″ align=”left”]Save
 
READ MORE!
The Most Dangerous Weapon
Origins of images: Facebook, Twitter, Wikimedia, Wikipedia, Flickr, Google, Imageinjection & Pinterest. Read our Disclaimer/Legal Statement! Donate to Support Us We would like to ask you to consider a small donation to help our team keep working. We accept no advertising and rely only on you, our readers, to keep us digging the truth on history, global politics and international relations. [wpedon id="4696" align="left"]
READ MORE
CIA:  The Politics of a Global Secret Police Force
The Senate Report’s revelations of CIA torture of suspects following the 9/11 bombing is only the tip of the iceberg.  The Report omits the history and wider scope of violent activity in which the CIA has been and continues to be involved.  CIA organized large scale death squad activities and extreme torture in Vietnam (Phoenix Project);  multiple assassinations of political leaders in the Congo, Chile, Dominican Republic, Vietnam, the Middle East, Central America and elsewhere; the kidnapping and disappearance of suspected activists in Iraq and Afghanistan; massive drug-running and narco-trafficking in the “Golden Triangle” in Southeast Asia and Central America (the Iran-Contra war).The Senate Report fails to locate ...
READ MORE
Yalta, 1945: The Impact on Yugoslavia
What was the impact of the 1945 Yalta Conference on Yugoslavia? The key result of the conference for Yugoslavia was that it endorsed and ratified the 1944 agreement between Josip Broz Tito and Ivan Subasic. The end result was that the American, British, and Soviet governments installed a dictatorship in Yugoslavia. The Allied task was the illusory and chimerical objective of uniting the prewar, monarchist Yugoslav Government-in-Exile based in London headed by Peter II Karadjordjevich with Tito’s de facto anti-monarchist, Soviet-style, Communist government in Belgrade. This was the major issue that was discussed at plenary meetings and foreign ministers sessions at ...
READ MORE
Chrystia Freeland’s Family Record for Nazi War Profiteering, and Murder of the Cracow Jews
Chrystia Freeland, appointed last week to be the new Canadian Foreign Minister, claims that her maternal family were the Ukrainian victims of Russian persecution, who fled their home in 1939, after Adolf Hitler and Josef Stalin agreed on a non-aggression pact and the division of Poland between Germany and the Soviet Union. She claims her mother was born in a camp for refugees  before finding safe haven in Alberta, Canada. Freeland is lying.The records now being opened by the Polish government in Warsaw reveal that Freeland’s maternal grandfather Michael (Mikhailo) Chomiak was a Nazi collaborator from the beginning to the ...
READ MORE
Western Warmongers Killed 1.5 Million Muslims in “War On Terror”
“I believe the perception caused by civilian casualties is one of the most dangerous enemies we face.” – U.S. General Stanley A. McCrystal in his inaugural speech as ISAF Commander in June 2009. The dust had hardly settled on Russian airstrikes on ISIS positions in Syria before Western media reports claimed that ‘civilians’ had been killed “including women and children”. Leaving aside the dubious nature of these allegations – the first of which was made before Russian airstrikes had even begun, according to Putin – Western propaganda outlets and the politicians they serve are in no position to point the finger at Russia ...
READ MORE
The Ambiguity: The Case of Democracy
The Great Financial Crisis, the Occupy Wall Street rising, Wikileaks and Snowden exposure, imperialist interventions in Iraq-Libya-Syria, the economic-political developments in Greece, and the on-going string of revelations in the US politics take away all ambiguities related to democracy, development and state. With broad and fundamental connections and character the incidents and processes – parts of democracy and development – being witnessed by the contemporary world are significant with far-reaching implications, and helpful to comprehend issues of democracy, development and state.No ambiguity: Ambiguous and confusing narratives of democracy and development are vigorously sold in markets despite the reality of repeated ...
READ MORE
A Short History of Czechoslovakia
The origins of Czechoslovakia (1918−1920)Czechoslovakia gained its independence from the Austro-Hungarian Empire in 1918. Even though the Austrian-Hungarian Empire was one political entity, the Austrian part and the Hungarian part existed under a Dual Monarchy. Each half of the empire had a large amount of control over their area independent of the other half of the country. The differing policies of the Austrians and the Hungarians had a strong impact on the state of what is now the Czech Republic and the Slovak Republic. In particular, the Czech industry was developed, while Slovakia remained a mostly agrarian area managed by ...
READ MORE
Je Sius La Serbie 1999!
Origins of images: Facebook, Twitter, Wikimedia, Wikipedia, Flickr, Google, Imageinjection, Public Domain & Pinterest.Read our Disclaimer/Legal Statement!Donate to Support UsWe would like to ask you to consider a small donation to help our team keep working. We accept no advertising and rely only on you, our readers, to keep us digging the truth on history, global politics and international relations.[wpedon id="4696" align="left"]SaveSave
READ MORE
The Destruction of Mosul: U.S. Crimes against Humanity in the Name of “Counterterrorism”
After 267 days, the end of the battle of Mosul was announced on July 10th. “Liberation” is a misleading notion, because the hostilities have not stopped, the human suffering has not stopped.There are still victims in the city every day on both sides.Many refugees have no home to go back to and are suffering from severe mental health problems, especially the children.No reason to celebrateWere inter alia destroyed: 9 of the 10 major hospitals. 76 of the 98 medical centres. 6 big bridges across the Tigris. three-quarters of Mosul’s roads, 400 educational institutions, including schools, universities and education centres. 11,000 ...
READ MORE
The Ghosts of World War I Circle Over Ukraine
We don’t yet know the details behind the tragic downing of the Malaysia Airlines jetliner over eastern Ukraine on July 17, but in one sense, the details aren’t going to matter very much in the global scheme of things. The geopolitical outcome is already known. World outrage has focused on Russian president Vladimir Putin to such an extent that Putin has suffered a huge loss of moral authority. That, in turn, lessens his range of actions in his ongoing confrontation with the West over Ukraine and increases the likelihood that Russia will lose its traditional dominance over that split country ...
READ MORE
Wars, Killings, and the Greatest Country Ever Created
The world is lectured frequently by the United States of America — the One Indispensable Nation — about how to behave, on the grounds that, as President Obama declared, «from London and Prague, to Tokyo and Seoul, to Rio and Jakarta... there is a new confidence in our leadership».He didn’t mention Amman, Baghdad, Beijing, Beirut, Caracas or the capitals of so many other countries in which the majority of citizens, according to the Pew Research Centre and other pollsters such as Marketwatch, regard the United States as an aggressive and malign manipulator of world affairs.Presidential hopeful Hillary Clinton went further than President Obama in glorifying ...
READ MORE
This is Croatia: A Book of Basic Info about the Country (PDF)
Zagreb, 1941Become familiar with the basic info about one of the most beautiful countries in the world - Croatia. Photos, data & recommendations where to stay in order to enjoy this Adriatic pearl. If you are not the Serb.Split, Dalmatia, Croatia, 2019: "Kill the Serb" on the car with the plates from SerbiaOrigins of images: Facebook, Twitter, Wikimedia, Wikipedia, Flickr, Google, Imageinjection, Public Domain & Pinterest.Read our Disclaimer/Legal Statement!Donate to Support UsWe would like to ask you to consider a small donation to help our team keep working. We accept no advertising and rely only on you, our readers, to ...
READ MORE
America’s Allies Against Russia & Iran:  Main U.S. Allies are Saudi Arabia, UAE, Al Qaeda, ISIS, Israel, & Nazis
The public has been so brainwashed by Big Brother’s lies so that many people won’t believe this article unless they click onto the link wherever they happen to think that what it is alleging is false. Then, they will see the evidence, for themselves, and will recognize that they’ve been fooled about that matter, and those readers will learn something important that they didn’t know before — including that Big Brother is real, and what it actually is, and how it came to be the way it is. This is about reality, the reality behind the screen of lies. Today's Axis ...
READ MORE
Ukraine’s State-Sponsored “Azov Battalion” Expands Use of Nazi-Inspired Symbols
On September 22, Ukraine’s Azov Battalion had a ceremony honoring its fighters who were killed in combat in eastern Ukraine’s Donbass regions. It is natural for any military unit to honor its dead. But it is evident from the images on Azov’s own website that this ceremony used iconography that is disturbingly reminiscent of the 1930s Nuremberg rallies, including the use of searchlights, the banners with Waffen-SS stylized logos and the flames. The background of Azov, its leadership, its recruitment and emblems are all deeply disturbing. It grew out of the Social-National Assembly of Ukraine (S.N.A.), a group of far right and neo-Nazi organizations ...
READ MORE
American Capitalism is Based on Plunder
American capitalism is based on plunder. With the continental USA plundered, American capitalism hoped to continue enriching itself by plundering Russia as it did under Yeltsin, carefully including the Russian “Atlanticist Integrationists” in the spoils in order to have support from the liberal, progressive forces in Russia for stripping Russia of its assets. But Putin more or less put a halt to the American/Israeli rape of Russia, although it still continues through the neoliberal economics that Harvard brainwashed into the Russian central bank and economics profession. Brainwashed Russian economists are the main reason Washington is able to punish a powerful ...
READ MORE
“Collateral Damage” from America’s De-Stabilizing, Endless, Post-9/11 “Wars On Terror”
“Show me bodies floating in water, play violins and show me skinny people looking sad. I still don’t care.” – Popular conservative Sun (a British daily newspaper) commenting on the homeless war refugees from war-torn Syria, Afghanistan, Iraq, Libya, etc. who are fleeing their militarily de-stabilized and devastated countries after their homes and homelands had been reduced to bloody rubble by soldiers obeying orders from their commanders (including NATO and American “interventionism” in Afghanistan, Iraq, Libya, etc, etc). Hopkins appears to be in good company. But she was probably just paraphrasing what she had been hearing from a multitude of ultra-nationalist ...
READ MORE
Why the Ukraine Crisis is the West’s Fault
According to the prevailing wisdom in the West, the Ukraine crisis can be blamed almost entirely on Russian aggression. Russian President Vladimir Putin, the argument goes, annexed Crimea out of a long-standing desire to resuscitate the Soviet empire, and he may eventually go after the rest of Ukraine, as well as other countries in eastern Europe. In this view, the ouster of Ukrainian President Viktor Yanukovych in February 2014 merely provided a pretext for Putin’s decision to order Russian forces to seize part of Ukraine. But this account is wrong: the United States and its European allies share most of the ...
READ MORE
Building new mosques in Kosovo after the Kosovo War in 1998-1999
Today the Old (dying out) Continent is under multi-faced crises pressure some of them having older roots but the others are the product of current political decisions and moves by the European decision-makers (and those who are behind them across the Ocean).The European oldest and mostly painful crisis-problem is a biological declination of the whole continent what from the economic point of view means, at least for the western countries, an import of a huge number of the „outsiders“ in order just to keep the same level of the economic production and national GDP. This solution of course produces a ...
READ MORE
The Geopolitics of Targeting Russia
The escalation of tensions between the United States, Britain and France, on the one hand, and Russia, on the other, should not surprise anyone. In the last few years, the US leadership and mainstream British media have presented Russia as a major threat to global peace and the international order. Russian president Vladimir Putin in particular has been demonised as a ‘war-monger,’ an ‘aggressor,’ an ‘unscrupulous politician’ hell-bent on restoring Russia’s past glory’ at whatever cost.This projection of Russia as a threat to world peace has intensified in recent days partly because of Putin’s unveiling of Russia’s cutting edge military ...
READ MORE
The Killers from the Oval Office
“The essential American soul is hard, isolate, stoic, and a killer. It has never yet melted” - D. H. Lawrence, Studies in Classic American LiteratureIndividual U.S. Presidents come and go, but the Oval Office is reserved for the Killer-in-Chief. If, as these war-mongers like to say, “the buck stops here,” then our latest incarnation of a “leader,” Donald Trump, has in a few months accumulated enough guilt to last endless lifetimes. There are no excuses. While the headlines scream distractions from the bloodbath, Trump and his “team” are slaughtering innocents in Iraq, Syria, Yemen, and countless other places off the American ...
READ MORE
The Most Dangerous Weapon
CIA: The Politics of a Global Secret Police Force
Yalta, 1945: The Impact on Yugoslavia
Chrystia Freeland’s Family Record for Nazi War Profiteering, and Murder of the Cracow Jews
Western Warmongers Killed 1.5 Million Muslims in “War On Terror”
The Ambiguity: The Case of Democracy
A Short History of Czechoslovakia
Je Sius La Serbie 1999!
The Destruction of Mosul: U.S. Crimes against Humanity in the Name of “Counterterrorism”
The Ghosts of World War I Circle Over Ukraine
Wars, Killings, and the Greatest Country Ever Created
This is Croatia: A Book of Basic Info about the Country (PDF)
America’s Allies Against Russia & Iran: Main U.S. Allies are Saudi Arabia, UAE, Al Qaeda, ISIS, Israel, & Nazis
Ukraine’s State-Sponsored “Azov Battalion” Expands Use of Nazi-Inspired Symbols
American Capitalism is Based on Plunder
“Collateral Damage” from America’s De-Stabilizing, Endless, Post-9/11 “Wars On Terror”
Why the Ukraine Crisis is the West’s Fault
Europe Between Kosovization and Jihadization
The Geopolitics of Targeting Russia
The Killers from the Oval Office
FOLLOW US ON OUR SOCIAL PLATFORMS
Share