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One More Reason The Banking System is a Criminal Scam

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Pro-Tip: If you find yourself using a Nazi method for destroying an economy on your own people, you need to check your math.


It seems almost impossible to believe that the exact strategy being used by the US Federal Reserve to supposedly help the US economy was also employed by Nazi Germany to attack the British economy. But it is absolutely true.

Operation Bernhard, named for it's mastermind, Bernhard Krüger, was a Nazi program to print millions of British Pounds and send them to Britain. The forgeries were so perfect that no one could tell the difference, and it was their plan that this "quantitative easing" would unhinge the economy through inflation, causing people to do all kinds of stupid things with their money and quit producing things of value. This is the general effect of inflation, and having lived through the Weimar inflation where wheelbarrows of Marks wouldn't buy a loaf of bread, Krüger was especially aware of this.

Unbelievably, economists and central bankers will spout off nonsense about how the strategy of devaluing money will somehow help the economy at large. This is, of course, self-evidently untrue, as the printing of trillions of dollars has failed to do anything but push up the price of everything we need to live (and Twitter stock).

Richard is an engineer by day, and a political activist by night, fighting would-be totalitarians and government busybodies everywhere.