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.
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.
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