How Hitler Defied The Bankers

Hjalmar Schacht,… temporarily head of the German central bank, summed it up thus: An American banker had commented, “Dr. Schacht, you should come to America. We’ve lots of money and that’s real banking.” Schacht replied, “You should come to Berlin. We don’t have money. That’s real banking.” (

via How Hitler Defied The Bankers

Comment by tonytran2015:

Fiat money is just “Coupons for paying taxes and receive goverment’s goods and service”.([1]. Your fiat money (Part 2),, [2].

3 thoughts on “How Hitler Defied The Bankers

  1. Not at all Tony! The Nazi Regime had money, enough money from the former days of the nobility reign. Only most of the citiziens had no money, but this was – and perhaps is again the way – bringing them up for acting against other states. More and more i think Germany is not able to be in freedom with others. ;-( Have a nice weekend! Michael

    Liked by 1 person

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