
Originally Posted by
Oscar
Vietnam against the USA?
Fiat money and taxes paid for that one
Hitler , Sidestepped the international markets by creating the renmark ( sp) this was backed by land and german assets ( this pissed the international markets right off!!)
by using this germany went from the poor to very nice indeed. ( just by ignoring gold backed debt... some say Jewish , )
then when ww2 took hold , gold and assests were looted from countrys hosted the german european tour.
Snip;Economist Henry C. K. Liu writes of Germany’s remarkable transformation:
“The Nazis came to power in 1933 when the German economy was in total collapse, with ruinous war-reparation obligations and zero prospects for foreign investment or credit. Through an independent monetary policy of sovereign credit and a full- employment public- works program, the Third Reich was able to turn a bankrupt Germany, stripped of overseas colonies, into the strongest economy in Europe within four years, even before armament spending began.” (Henry C. K. Liu, “Nazism and the German Economic Miracle,” Asia Times (May 24, 2005).
Stephen
no time to adequately answer
"Look, Madame, where we live, look how we live ... look at the life we have...The Republic has forgotten us."
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