Chapter forty-eight
These measures are conventional and are considered from the perspective of managers! They just want to formulate various policies, but have never considered the feelings of the lower class!
There were many reporters at the scene, and these reporters would disclose today's content in their original form. If Bruin's measures were implemented one by one, the genius believed that it would improve domestic economic problems!
Of course, Hitler would not give up any opportunity to criticize his opponent. Hitler said calmly: "Once your economic measures are implemented, our economy will only make our economy worse! And you are probably waiting for this opportunity and use our economic downturn to achieve diplomatic victory."
"I can analyze it. Your approach is that although our Germany pays war reparations on time, it will make the victorious countries believe that we are unable to continue to uphold our obligation to repay compensation. In order to achieve this goal, you need a Germany with severe disasters and people living in poverty. In exchange for the victorious countries' understanding of Germany's situation and resolve the war reparations issue once and for all."
Every word is said to be a sharp attack, and it completely hits the point!
"Mr. Bruin, now, I can tell you responsibly that your approach is extremely wrong! It is simply embarrassing us Germany with our weakness! If we stop paying compensation, there is only one reason, definitely not that our country is so poor that we cannot support war compensation, but because we are so strong that we are afraid of the enemy! At that time, they will retreat voluntarily!"
Not because of our weakness, but because of our strength!
Hitler's words slowly lit up Hindenburg's eyes, and he was completely moved by Hitler's words!
"Mr. Hitler, then tell me, what good plan do you have?" Bruining was speechless, but he would never admit defeat. He did not expect that Hitler hit the vital point in an instant.
Bruin indeed puts the issue of compensation first, and Germany can only relieve it if the compensation is terminated!
"Seven years ago, the French sent troops to occupy our Ruhr industrial zone. At that time, in order to complete the compensation for France, we decided to print a large number of marks, which led to our marks depreciating rapidly. This practice is a complete loss-making approach."
When it comes to mention seven years ago, Hitler was extremely excited. It was his sad moment and a peak moment in his career!
Germany is a country that takes the blame. Those people at that time were all stubborn. Didn’t you want to compensate? OK, I’ll give it to you!
Germany printed enough marks to deal with annual compensation. If these marks were only circulated in the UK and France, then it would be fine. The problem is that Britain and France would still come to Germany and buy things with marks. As a result, there are too many marks on the market and marks are depreciating rapidly!
It can be said that the Albert government at that time teased Britain and France through this method, but at the same time, it also teased itself. Britain and France did not get any benefits, and the German economy was also a mess!
"Now, with the outbreak of the economic crisis, our Mark has depreciated into waste paper," Hitler said: "Then, let's just give up Mark completely."
Hitler did not use any of the means Bruin said, because he knew that these means were of no use at all. If this method could save the German economy, it would be unless God was too generous.
Give up Mark! Hearing Hitler's words, Bruin couldn't help but retort: "Mr. Hitler, are you sure that the sun rises from the East today? Give up Mark, how should we trade in our country?"
"Then do you want our people to ride bicycles and take several bundles of marks to the market to buy a box of matches? What's the use of such marks?" Hitler's rebuttal was even more powerful: "Now, some people have started to use our marks to ignite fires to cook. Mr. Bruining, do you think such marks can take on the responsibility of domestic currency?"
"You are so arrogant and will not examine what is going on below. Use the plan you came up with in the office to apply to our country, Mr. Bruin, you can only bring our people to hell." Hitler said.
"Money is equivalent exchange. When we issue marks, we must use gold and silver as the backing, that is, the gold standard. We print marks without restrictions. This is the real culprit of the depreciation of marks. Therefore, before the economy develops effectively, we can only temporarily give up marks. We can barter with things."
Give up Mark! Ordinary citizens can barter. This method is the most suitable. Although it is inconvenient, you don’t have to worry about Mark’s depreciation!
A true economist would say how important money is, but now, when money has become waste paper, it is more appropriate to barter!
"At the same time, we will make another form of improvement, which is the land rent mark." Hitler said frankly: "Binding currency to land and industrial products will never depreciate our land rent marks at all, because our land and industrial products are valuable, not waste paper-like marks."
Land rent mark!
Historically, the Weimar Republic experienced hyperinflation, and the currency was no different from Zimbabwe today. At that time, Schacht successfully suppressed the continued hyperinflation by binding the country's land and industrial products, preventing Germany from becoming a pioneer in Latin America today.
"I will never issue existing marks, which will lead to continued inflation and a plunder of the people's wealth!" Hitler's voice echoed throughout the hall: "It is better to give up the existing marks than to damage the wealth of our people!"
"At the same time, I will also implement new measures to increase employment opportunities for our people! Our government will invest and prepare to significantly improve our highway facilities!" Hitler said: "I'm sorry, I'm late because I'm riding in a carriage and fell into the mud pit and I have to walk over."
"This made me see the backwardness of our country's infrastructure construction, so I have an idea." Hitler said: "If you want to be rich, build roads first! If I become Prime Minister, I will build a highway network with a total length of more than 3,000 kilometers! And these infrastructure construction will increase us millions of jobs!"
What do the German people need? It is not tax increase or reduction of relief funds, but employment opportunities!
Chapter completed!