a brief excerpt from
The Bankster Diaries
Just Where Did the Nazis Receive Their Funding?
Wars are costly! Who can really afford them, and
why would they go to the trouble? And where
did all that money come from to pay for it? Are
wars the answer to unemployment? Is maintaining an army, navy, and air corps less expensive
than paying vast sums for unemployment? Is
the advancement in medical science, i.e., uses
for penicillin, etc., worth armed combat? Would
nuclear science have ever split the atom without
funding for bombs, rockets, and cannons? Would
the space programme ever have been funded
without the military application for war? And
what about jet propelled aircraft? Hitler’s
Germany created all of these, which forced the
allies to match his war-machine. So maybe we
should have thanked him for starting World War
II. What do you think? (With my tongue safely
planted in the cheek.)
With a realisation that the preparation and conduct of any war is vastly expensive, I wanted to
write this book to prove just how Hitler’s World
War II was financed, which must have forced
other nations to off-set a German advantage.
Following the Trail of Gold
My research on the Federal Reserve System
led me into different areas of economics and
finance that I didn’t anticipate, including how
World War II was financed by its combatants.
After 1930, throughout the world there was only
one currency fully collateralised by gold, i.e., the
United States dollar, which remained the status
quo until 1974 when “the gold standard” was
finally abandoned during President Nixon’s term
of office.
In the 1930s and 1940s gold was the sole collateral for international trade, thus making it the
world’s “reserve currency”at the time. Evidence
strongly suggests that when Germany captured
its neighbouring states, it raided each of their
central banks of their gold, allowing Hitler to
pay for World War II with the spoils. When one
considers the value of the gold deposits for
the captured nations of Austria, Belgium, The
Netherlands, Denmark, Poland, Yugoslavia,
Hungary, Romania, France, Bulgaria, and
Czeckaslovakia, even knowing that some French
gold was spirited away to both their African and
Caribbean colonies, the post-war balance
remaining was still astonishing.
If one were to compare the reported German
gold recovered by the Allies during the closing
stages of the war, the gold balance remaining
for Allied repatriations would not have been
adequate to finance Germany’s World War II
operations. With the realisation that the preparation and conduct of any war is vastly expensive,
I wanted to prove just how Hitler’s World War II
was financed, which forced other nations to offset a German advantage. So just how did Hitler
finance his World War II? On close examination,
one could conclude FDR’s 1934 “Quantitative