Chapter 91 Iron and Steel United Company

Ironically, the collapse of the economy led to a decrease in Hitler's corporate profits, and at the same time a significant reduction in his personal funds, but Hitler received a huge benefit - a large amount of money owed to Deutsche Bank, Thyssen, Siemens and other companies, about 100 million marks, but with inflation, such a huge amount of money was expected to be paid off in five years, and Hitler immediately repaid these arrears.

This is the consequence of the indiscriminate issuance of money by the state, and the price of everything has risen, a pack of cigarettes of five marks from the Hanseatic company has risen to a pack of five million marks, a car of the Guiker company that used to be five hundred marks has also risen to fifty million marks, and Hitler can earn trillions of marks a month.

The huge amount of money in the past, in this era of large denomination banknotes, only feels ridiculous.

In this way, the 100 million marks that were once owed can be easily repaid.

Therefore, this example tells us that in the era of inflation, loans are better than deposits, and it is not your ability to deposit hundreds of thousands or millions of dollars in the bank, but to be able to borrow hundreds of thousands and millions of dollars in the bank to make a lot of money, don't worry about not being able to repay the interest, as long as the loan money is used to buy fixed assets, and when inflation comes, the fixed assets will appreciate, and then the appreciated fixed assets will be sold several times higher than the original price, so that you can easily repay the loan, and you can earn the difference.

However, how much money can ordinary people borrow, and those who can really borrow a lot of money, are capitalists, and most of the people can only keep their money in the bank and slowly wait for the money to depreciate.

If you hear that the state is going to issue currency again, you immediately go to buy fixed assets and real assets, this is definitely true, because these things will appreciate with the impact of the currency, and you will be able to make money as soon as you sell them in the future.

This is the evil capitalist society, the society of cannibalism.

Some people have been in the real economy for decades, and they have worked hard to get up early and be greedy to earn hundreds of thousands, while some people have borrowed money from the bank through relationships or bribery, and then resold a few houses, which is millions at once, what kind of society is this?

Therefore, although the state can solve the temporary crisis by issuing money indiscriminately, which leads to inflation and rising prices, it will to a large extent lead to the deformity of the country's economy, and the poor will become poorer and the rich will become richer, and the gap between the rich and the poor will widen.

If it weren't for the Ruhr crisis, which led to the indiscriminate issuance of money by the state, Hitler's enterprises would have lost money, but the Hillamen Group is not having a good time now, because almost all steel and coal need to be imported from Britain and the United States, and the deterioration of the national economy has led to a decrease in people's consumption.

Hitler's personal funds, under the operation of Ginter, successfully survived the crisis and made a lot of money, but there was a gamble, this gamble was a big deal, Hitler and Ginter spent a huge amount of money to buy dozens of steel plants and coal plants in the Ruhr industrial area, and established the German Iron and Steel Corporation, and even Germany's largest steel company, the king of the Ruhr - Thyssen Company was also heavily invested, and Hitler became the second shareholder of Thyssen.

Together with Hillemel's rail transport and ocean-going fleet, a large and complex monopoly interest group is taking shape.

In the reality of the capitalist economy, the main monopoly situation is the trust formed in the last century, which is simply a highly monopolistic situation, in which the board of directors centralizes all business and financial activities, the leadership is in the hands of the largest capitalist shareholder, and the participants in each subsidiary are controlled by the head office in terms of production and law.

The trust is the most developed in the United States, and its sole purpose is to raise the price of the necessities of life, suppress or annex competitors, merge with competitors, and seize a monopoly position in the market, so as to obtain huge profits, which is harmful to the interests of ordinary people.

Rockefeller, the richest man in the United States, founded the Standard Oil Company, the largest trust group in the world, and he monopolized the oil market in the whole United States, manipulated the price of oil at will, and became the richest man except for the king.

This is the trust.

The nature of United Iron and Steel Company is a little similar to that of trusts, although they are both monopolies and pursue profits, but there are also great differences, the difference is that the head office has very little control over its subordinate companies, it is independent financially and diplomatically, it can be a situation of joint cooperation, and even some subsidiaries are family workshops. The main purpose of the existence of Kang Cai En is to work together and share technology, and Kang Cai En can effectively avoid vicious competition, improve the operating profit of the enterprise, and expand production.

Hitler's establishment of the Iron and Steel Consortium can be said to have monopolized the entire German steel and coal market and became the "Lord of the Ruhr", but many people are waiting to see Hitler's jokes.

Why?

Because Hitler bought the shares of these companies, most of them were leases, minerals, and enterprise equipment in the Ruhr industrial area, and in whose hands were these things?

Now that the Ruhr is occupied, it is naturally in the hands of the French, although the French recognize that these shares are valid, but now the French manage the taxes, and these steel and coal enterprises pay dozens of times more taxes to the French than before, and they are in a state of loss every month.

The market value of these coal and steel plants is now very low, and many of the mining companies are bankrupt, allowing Hitler to buy them at a low price.

United Iron and Steel has become a hot potato, as long as the French occupy the Ruhr, United Iron and Steel will be in a loss.

The depreciation of fixed assets, the food and drink of millions of workers, these are all huge burdens, if a giant black hole is constantly devouring Hitler's personal assets.

Yes, it's a gamble, the Ruhr has been occupied by the French for months, and no one is sure how long the Ruhr will be occupied, if it is a hundred years?

Ginter calculated an account for Hitler, and according to this state of loss, even with high government subsidies, all of Hitler's personal assets would be lost within three years.

That is, within three years, the French must withdraw from the Ruhr industrial zone.

That's what Hitler gambled on, and if the French were able to withdraw from the Ruhr industrial zone soon, then he would become the real "king of the Ruhr" and could be said to have mastered the economic lifeblood of Germany.

If, three years from now, the French still occupy the Ruhr industrial area, then the wages and benefits of millions of workers, as well as the high taxes of the French, will overwhelm him, and he will either sell the company at a low price, hand it over to the national government, or hand it over to the French entirely.

"This Frenchman ......" Hitler sighed, although he knew that in the end France withdrew from the Ruhr industrial area with the intervention of the British, but he did not know how much time it would take, and according to the current protracted negotiations, it would be more than a few years.

In fact, it would be best if Ruhr production could be stopped, so that the French would not have to pay taxes.

But this is obviously impossible, the main reason why France sent troops to the Ruhr is to use the Ruhr economy to drive the development of France's domestic economy and get rid of the economic crisis. The Ruhr industrial area was the subject of several general strikes, all of which were forcefully managed by the French military and police, killing and wounding thousands of people, and finally forcing all workers to work.

"I can't hope for international negotiations, I should also take some action!" The thoughts in Hitler's mind gradually became clear.