Capitalizing from Chaos
Kyle’s guest is Jason Erb from Exposing Faux Capitalism. Topics include: the nature and history of money, economic warfare, Libertarianism and the Austrian School, jewish power players, shills in the alternative media, White genocide, and much more.
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Good show - Question for Jason regarding usury in NSDAP Germany
ReplyDeleteYou said the private banks continued to charge interest
A Migchels said he couldnt find any interest rate info during the period -
So, can you provide sources foru your statement?
Gerry, as I remember, he said he couldn't find any real interest rates for that period, meaning the nominal interest rate minus inflation.
ReplyDeleteYou raise an important point, so in the absence of future evidence, the situation remains unknown. I don't remember Rodney coming out with numbers showing that they did have zero interest rates, however.
Commercial banks lending with limited interest, is different than the state issuing currency at interest. Big Corporations were also still allowed to make profits, yet the yielding rate was limited to maximal 6%. The rest of the surplus money a big company made, had to be reinvested to create more domestic jobs.
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