Message from @FrobO

Discord ID: 296638282521903104


2017-03-29 13:24:17 UTC  

just saw that video about the Rentenmark

2017-03-29 13:24:36 UTC  

for what reason was the Reichmark introduced if the Rentenmark was so successful?

2017-03-29 13:25:19 UTC  

The Rentenmark was managed by Hjalmar Schacht.

2017-03-29 13:25:32 UTC  

it wasn't legal tender

2017-03-29 13:25:47 UTC  

it was a currency voluntarely accepted by the people

2017-03-29 13:26:03 UTC  

I vaguely recognise the name Schacht

2017-03-29 13:26:11 UTC  

so at that time Germany had two separate currencies

2017-03-29 13:26:21 UTC  

oh that makes way more sense

2017-03-29 13:26:37 UTC  

the other one was the Reichsmark managed by (((Rudolf Havenstein)))

2017-03-29 13:27:21 UTC  

later on, Hjalmar Schacht became a supporter of Adolf Hitler, and served in Hitler's government as President of the Reichsbank (1933–1939)

2017-03-29 13:29:17 UTC  

BTW the Rentenmark notes were valid until 1948.

2017-03-29 13:31:17 UTC  

interesting

2017-03-29 13:31:28 UTC  

so what was the Reichsmark backed by?

2017-03-29 13:31:36 UTC  

everyone says "labour" but that sounds vague to me

2017-03-29 13:33:00 UTC  

I'm very interested in having that answer but I don't know it for sure

2017-03-29 13:33:38 UTC  

I know it was issued when someone wanted to create a business, and given to him as the business was created month by month

2017-03-29 13:34:12 UTC  

all I know is that the intent of the reichsmark was to have a currency that can't be manipulated by outside forces, speculators, etc

2017-03-29 13:34:24 UTC  

thus making germany stronk

2017-03-29 13:34:31 UTC  

and pissing off a lot of noses

2017-03-29 13:34:33 UTC  

yes

2017-03-29 13:34:37 UTC  

I know that too

2017-03-29 13:34:58 UTC  

and also because all the gold was stolen by (((them)))

2017-03-29 13:35:09 UTC  

so they didn't have what to back their currency with

2017-03-29 13:35:12 UTC  

isn't that what the nazi gold is

2017-03-29 13:35:30 UTC  

gold they reclaimed by gouging the rothschild banks in france or something

2017-03-29 13:36:25 UTC  

In the Treaty of versalles, (((they))) agreed that Germany should pay for the WW1 with almost all its gold

2017-03-29 13:36:43 UTC  

that's what made their currency be unbacked and caused hyperinflation

2017-03-29 13:37:46 UTC  

that explains everything, I know they were fucked by the treaty, but I didn't know scraping their gold reserves was part of the equation

2017-03-29 13:37:58 UTC  

that's why Hitler later on signs the armistice in the same wagon as the treaty of Versailles

2017-03-29 13:39:20 UTC  

From the (((wikipedia)))

2017-03-29 13:39:21 UTC  

As Compiègne was the site of the 1918 Armistice ending the Great War with Germany's conflict cessation, Hitler saw using this location as a supreme moment of revenge for Germany over France. Hitler decided that the signing should take place in the same rail carriage, Compiègne Wagon, where the Germans had signed the 1918 armistice.

2017-03-29 13:41:30 UTC  

Lurk the forum... i have to go

2017-03-29 13:42:50 UTC  

lurking right now, see you m80

2017-03-29 17:46:43 UTC  

Lads

2017-03-29 17:46:56 UTC  

i found an lgbtqfaffgahaha server

2017-03-29 17:48:22 UTC  

They even have fucking trigger warnings

2017-03-29 17:59:55 UTC  

hey cucks

2017-03-29 18:26:23 UTC  

Hello

2017-03-29 18:26:43 UTC  

Hey!

2017-03-29 18:26:47 UTC  

Wait for me on that raid