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Title:
The Truth About The New Financial Order: Ron Paul
Description:
Oooops...CNBC let some truth escape. Two minutes of Ron Paul educating Professor Bernanke on things he SHOULD already know...being an expert on the Great Depression. Are we really going to list the similarities between the U.S. today and Nazi Germany? No...you should be able to see it for yourself. But we will leave you with two quotes from historian Jackson Spielvogel from his book titled Hitler and Nazi Germany: A History "The social effects of the Great Inflation were devastating. People on fixed incomes, such as widows and orphans on pensions, retired elderly couples, army officers, teachers, and civil servants, watched their monthly stipends become worthless or their lifetime savings disappear. The losses of the middle classes had political repercussions. Economic woes pushed the middle class, already hesitant to ally with the republic, increasingly toward rightist parties, which were hostile towards the republic. Lower-middle-class people's fear of entering the ranks of the working classes opened them to extremist views...But even after extreme inflation ended, psychological scars remained. Many who were initially wary of democracy now distrusted it more than ever." "But the German yearning for stability after years of uncertainty played a crucial role in allowing the Nazis to establish their rule. Although there was much illegality in the Nazi rush to power, Hitler maintained his posture of legality." And that concludes the Channel 37 history lesson. Thanks for actually reading the "more info".
Author:
jmortimer37
Tags:
economy, currency, fiat, paul, bernanke, CNBC, socialism, nationalism,
The Truth About The New Financial Order: Ron Paul
Description:
Oooops...CNBC let some truth escape. Two minutes of Ron Paul educating Professor Bernanke on things he SHOULD already know...being an expert on the Great Depression. Are we really going to list the similarities between the U.S. today and Nazi Germany? No...you should be able to see it for yourself. But we will leave you with two quotes from historian Jackson Spielvogel from his book titled Hitler and Nazi Germany: A History "The social effects of the Great Inflation were devastating. People on fixed incomes, such as widows and orphans on pensions, retired elderly couples, army officers, teachers, and civil servants, watched their monthly stipends become worthless or their lifetime savings disappear. The losses of the middle classes had political repercussions. Economic woes pushed the middle class, already hesitant to ally with the republic, increasingly toward rightist parties, which were hostile towards the republic. Lower-middle-class people's fear of entering the ranks of the working classes opened them to extremist views...But even after extreme inflation ended, psychological scars remained. Many who were initially wary of democracy now distrusted it more than ever." "But the German yearning for stability after years of uncertainty played a crucial role in allowing the Nazis to establish their rule. Although there was much illegality in the Nazi rush to power, Hitler maintained his posture of legality." And that concludes the Channel 37 history lesson. Thanks for actually reading the "more info".
Author:
jmortimer37
Tags:
economy, currency, fiat, paul, bernanke, CNBC, socialism, nationalism,
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