Chapter 155: Prosperity Before the End Second Update
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The era of prosperity and happiness has finally arrived!
This was the inevitable result of the Keynesian Plan and Soviet-German cooperation - just as the Great Depression was inevitable in the future.
According to the mainstream economists of the fifties and sixties, the Second World War was actually the result of the Treaty of Versailles and the Keynesian Plan.
The former not only put Germany in the miserable situation of being oppressed and exploited. Moreover, it created the mega-inflation of the mark, bulldozed the German class, and turned the vast majority of Germans into class brothers shoulder to shoulder - German society is no longer an olive-shaped structure with two small ends and a large middle, but a combination of a few rich people and the vast majority of the proletariat.
The later Keynes Plan, although it tried to pacify and save Germany, gave Germany the strength to start another world war. And it planted a time bomb that would inevitably detonate the Second World War - this bomb was the gold exchange system that deprived Germany of its monetary sovereignty!
However, the gold exchange system was also the driving force for Germany to quickly get rid of the sluggish national fortunes after World War I and move towards glory and prosperity. Historically, Germany has also lost its monetary sovereignty, except that it has chosen to be pegged to the US dollar rather than the British pound – the so-called "gold standard" is actually the US dollar standard, so it has also attracted a large inflow of foreign capital in a short period of time, which, together with the smaller Soviet-German cooperation, has contributed to the recovery of the German economy in the mid-20s.
Now, not only has the scale of "Soviet-German cooperation" increased several times compared with the original, but there has also been an "in-kind compensation system" -- this is the second highlight of the "Keynes Plan", and it is also considered to be an important reason for Germany to have the strength to wage a world war!
Because. The in-kind compensation system is actually a trade model in which the government subsidizes exports! Every year, between 2 billion and 4 billion marks worth of coal, steel, automobiles, airplanes (civil aircraft, of course), machinery, chemical products and ships are introduced to the European market at "zero price".
Zero price for the victorious governments that received them, and full prices for the German capitalists who produced and made them! It is not the manufacturer that pays for the in-kind compensation system, but the German government. As a result, the manufacturer's interests will not be affected, and not only will there be no losses. In addition, these "fixed orders" of 2 billion to 4 billion marks can be used to expand production and amortize investment in fixed assets in order to obtain greater economies of scale.
Anyone who understands industrial production and manufacturing knows that the larger the scale of production, the lower the cost, the lower the cost, and the stronger the competitiveness of the product!
Germany's automobile industry, machinery industry, civil aviation industry, chemical industry and mining industry, which already have certain advantages over Britain and France, have swept the European market with the help of "compensation orders". The only way to suppress their French and British counterparts is to rely on the protection of tariff barriers. Struggling to survive in the domestic market.
In fact, at the same time as formulating the "Keynesian Plan", Britain, France, the Rupee, Italy and other countries had anticipated that their local industries might be hit by German manufacturing, and they all formulated corresponding protection plans - the plan to dump products into the United States was just talk, and the British, French, and Rupee countries in the 20s were typical "small governments" that could not do such a thing, and what they could do was to protect their own related industries as much as possible.
For example, the French government chose coal and crude steel as the main "indemnity goods", while the British government received all the "indemnity ships" (historically, Britain asked Germany to build ships for its sacraments). The governments of Luxembourg and Belgium, on the other hand, did not allow German steel to enter the country. But German cars, airplanes and chemicals are very welcome. As for the Italian government, of course, German machinery and equipment were chosen as the main reparations.
Still, Britain and France (who took the lion's share of the reparations) received a lot of automobiles, planes, chemicals, and steel - because they needed gold and foreign exchange to pay off their debts to the United States.
But most of these "reparations" were not sold to the United States. Instead, it was sold in European markets other than Britain, France and Italy. This was mainly due to the fact that the British and French governments resold the planes and automobiles they received from Germany to their own manufacturers at low prices, stipulating that they should be sold abroad.
And these British and French aircraft and car manufacturers are greedy for high profits, and are rarely willing to ship these products to the United States, where competition is fierce and the distance is far away. Instead, they were sold to nearby European markets - which to some extent allowed reparations to replace the production of related industries in Britain and France, and reduced employment opportunities in both countries.
Britain and France used the gold and dollar they recovered from the European market to repay their debts, which further exacerbated the tension between gold and the dollar in Europe, and as a result, the pound was under greater depreciation pressure in 1927 and 1928. This also determines that the Keynes Plan cannot be implemented for a long time.
For Germany. Its products after 1926 not only had "compensation orders" that amortized the cost, but also received a large number of Soviet orders. Because the scale of Soviet-German cooperation in this time and space was much larger than in history -- Hersmann succeeded in prying off the business of the Americans this time, at least until the Great Depression came, it was very difficult for American machinery and equipment to enter the Soviet market -- the Soviet Union in the East seemed to have become a monster devouring machinery and equipment, never knowing satisfaction. No matter how many German machines there are, they can be swallowed by it in one gulp, and then spit out oil, wood, non-ferrous metals and grain of equal value.
Under the double stimulus of the "reparations order" and the "Soviet order", German industry, especially the German heavy industry, began to change the post-war decline from 1924. Grow up at the fastest pace.
Moreover, German heavy industry itself has been the driving force for the growth of heavy industry since 1924.
Because in order to fulfill the "compensation order" and the "Soviet order" of amazing value, it was necessary to make large-scale investments to increase production capacity! And the investment in heavy industry itself will also consume a large amount of heavy industry products.
According to the data released by the German government, in 1924, Germany's fixed asset investment increased by as much as 2,120% (in 1923, due to super inflation, fixed asset investment was very low), and then in 1925 it increased by 55% year-on-year, in 1926 it increased by 35%, and in 1927 and 1928 it was still as high as 30%.
However, this level of prosperity has become unsustainable because of the recession in Britain and France, especially in the real economy of the United Kingdom. Of course, the UK's recession was not entirely caused by the Keynesian Plan, the other two main reasons were that Britain set the exchange rate of the pound against gold too high (which Churchill did) and insisted on free trade. As a result, British manufacturing is uncompetitive with normal sales of German (non-indemnity) and American products.
"This is the pre-apocalyptic prosperity, and the German people of the present are blinded by this false, temporary prosperity, forgetting that their country is still suffering humiliation, that it is still being brutally exploited by foreign countries...... Capital from England, France, and the United States, most of which is Jewish, has permeated every aspect of the country, and for every mark of wealth we Germans create, they take half a mark or more. Of course, they haven't started to take away the money invested in us yet, so we can still maintain a semblance of prosperity. Otherwise, our economy will become as bad as France and England! ”
This is Adolf. Hitler's speech at a rally in Berlin's square had a small audience, probably a few hundred, of which at least 20 were Miuta special forces disguised as audience members who had come to protect Colonel Hersmann, who had just returned to Berlin as head of military intelligence (which had recently been upgraded to a bureau), and his wife, Chloe.
In 1926, Hersmann went to the Baltic Republic to serve as Deputy Chief of Staff of the Defence Forces. In 1925, this position became the public status of Director Stacy (Deputy Director) in the Baltic region. However, Hersmann went to the Baltic Defence Force as deputy chief of staff, not just to facilitate the management of Stasi, but to familiarize himself with the operations of the armored forces and the air force.
Lieutenant Colonel Halder and Lieutenant Colonel Kesselring, both of whom had held this position at one time, did not return to the Intelligence Service after returning to Berlin, but were sent to serve in the army. So Hirschmann's successor in the Berlin Intelligence Service was Lieutenant Colonel Canaris.
However, after returning from the Polo, Hersmann did not disengage in the troops, but instead took up the post of director of the enlarged Military Intelligence - at the beginning of 1928, all the divisions under the General Staff were upgraded to bureaus, and the directors of the bureaus were mostly major generals. Hersman has served as the director of the Military Intelligence Bureau, which naturally means that he will soon be promoted to the rank of general!
Success in officialdom was not Hersmann's only success in the past few years, and Chloe bore him a daughter named Maria in 1926. And now, Chloe's belly is standing up again, and in a few months, Hersman will be a father for the third time.
"My dear, let's go and donate to Mr. Hitler." Chloe got up from her chair in the front row and said to her husband, "I think Mr. Hitler is very good, and he has the exact same point of view as you." ”
Can it be different? In this time and space, Hitler did not receive Rosenberg and Karl. The influence of Haushofer's "geopolitical Z-governance" (Rosenberg's living space theory is actually a kind of geopolitical Z-governance). Instead, he accepted Hersmann's theory of "currency wars" - Hitler now believed that there was a Jewish international capitalist bloc in the world that was preparing to destroy Germany with a currency war. The United States and Britain are in fact controlled by this international Jewish capitalist group, which is both a tool they use to oppress other countries and a place where they plunder their wealth......
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