Why did Hitler privatize the banks?

> Companies privatized by the Nazis included the four major commercial banks in Germany, which had all come under public ownership during the prior years: Commerz– und Privatbank, Deutsche Bank und Disconto-Gesellschaft, Golddiskontbank and Dresdner Bank.
>en.wikipedia.org/wiki/Economy_of_Nazi_Germany
I thought the Nazis hated usury?

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Nazis were not communists

you should read further

One of the reasons for the Nazi privatization policy was to cement the partnership between the government and business interests.[50] Hitler believed that the lack of a precise economic programme was one of the Nazi Party's strengths, saying: "The basic feature of our economic theory is that we have no theory at all".[51] Another reason was financial. As the Nazi government faced budget deficits due to its military spending, privatization was one of the methods it used to raise more funds.[52] Between the fiscal years 1934–35 and 1937–38, privatization represented 1.4 percent of the German government's revenues.[53] There was also an ideological motivation. Nazi ideology held entrepreneurship in high regard, and "private property was considered a precondition to developing the creativity of members of the German race in the best interest of the people."[54] The Nazi leadership believed that "private property itself provided important incentives to achieve greater cost consciousness, efficiency gains, and technical progress."[54] Adolf Hitler used Social Darwinist arguments to support this stance, cautioning against "bureaucratic managing of the economy" that would preserve the weak and "represent a burden to the higher ability, industry and value."[55]

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Is nationalizing banks a communist policy? I thought nationalizing banks was based according to pol because usury is a sin?
Why did Hitler need to make friends with businesspeople when he was already the dictator? Also what use does social Darwinism have in the field of finance when all banks do is just manipulate money and exploit people by charging interest?

An interesting read

"Private property in the industry of the Third Reich is often considered a mere nominal provision without much substance. However, that is not correct, because firms, despite the rationing and licensing activities of the state, still had ample scope to devise their own production and investment profiles. Even regarding war-related projects, freedom of contract was generally respected; instead of using power, the state offered firms a number of contract options to choose from. There were several motives behind this attitude of the regime, among them the conviction that private property provided important incentives for increasing efficiency."

cambridge.org/core/journals/journal-of-economic-history/article/abs/role-of-private-property-in-the-nazi-economy-the-case-of-industry/5853885D956348A13B5CEFDC42313E2B

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Show me in the Bible where it says lending at interest is a sin? It's smart to make your money work for you. I consider an interest rate above 20% usury, but nothing lower.

Did Jesus not throw the money lenders out of the temple with a whip for this very reason? Was charging interest on loans not banned in medieval Europe?

Becauae he was a fucking gomm...oh wait..

>Why did Hitler need to make friends with businesspeople when he was already the dictator?
cant you read?

Nazi ideology held entrepreneurship in high regard, and "private property was considered a precondition to developing the creativity of members of the German race in the best interest of the people."[54] The Nazi leadership believed that "private property itself provided important incentives to achieve greater cost consciousness, efficiency gains, and technical progress."[54] Adolf Hitler used Social Darwinist arguments to support this stance, cautioning against "bureaucratic managing of the economy" that would preserve the weak and "represent a burden to the higher ability, industry and value."[

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He threw them out of the Temple because they were conducting business in the Temple, which was an abomination. The Temple is sacred and meant for holy matters only. Business is a mundane matter.

Check the nose on the former Bolshevik.

That's pretty hilarious when you consider they made the elephant tank and it literally sunk in the mud.

I can tell you that the church back in 1500 was saying so.

After the Holy League attacked the Republic of Venice, Venice had to rebuild and they were in big need of cash. Jews were being kicked out of countries, so Venice decided to accept them, but created a ghetto (venetian word) for them. The jewish ghetto is still there in Venice after 500 years (but with basically no jews).

Jews set 3 tables (green red and yellow I think) and they were basically accepting any item of value and they gave cash in exchange (only sacred items were severely prohibited.

After that, jews moved to Antwerp to profit from the discovery of america, then to London, than to New York. Next is China.

>"The basic feature of our economic theory is that we have no theory at all"
they really got lucky Schacht was around when needed lol

I want everyone to keep the property that he has acquired for himself according to the principle: benefit to the community precedes benefit to the individual. But the state should retain supervision and each property owner should consider himself appointed by the state. It is his duty not to use his property against the interests of others among his people. This is the crucial matter. The Third Reich will will always retain its right to control the owners of property. - AH

Big proponent of property rights.

>I can tell you that the church back in 1500 was saying so.
Yawn. I'm not a c*tholic. And if there is no biblical premise not to lend at interest then it is not a sin.

> Nazi ideology held entrepreneurship in high regard, and "private property was considered a precondition to developing the creativity of members of the German race in the best interest of the people."[54] The Nazi leadership believed that "private property itself provided important incentives to achieve greater cost consciousness, efficiency gains, and technical progress."[54] Adolf Hitler used Social Darwinist arguments to support this stance, cautioning against "bureaucratic managing of the economy" that would preserve the weak and "represent a burden to the higher ability, industry and value."
If I’m not mistaken, this formula was only to be applied to the sphere of industrial capitalism, which makes sense since having competition and profit motive in industry can encourage different entrepreneurs to improve their products/services, find better techniques at making their products, etc. The National Socialists made a distinction between industrial capital, which could be innovative and productive so long as it was regulated by the state, and finance capital, which was purely parasitic and should be nationalized entirely. What use does social Darwinism have in banking when all banks do is just manipulate money and charge interest? I mean, what real innovation can you have there?
Fair enough. But wasn’t charging interest banned in medieval Europe because it was considered a sin?

>Fair enough. But wasn’t charging interest banned in medieval Europe because it was considered a sin?
Yes. But if there is no biblical premise not to lend at interest it is not a sin. You can't just make up laws and say it is a sin.

I'm not a cuntholic too, but still, for centuries that was the belief that probably jews themselves pushed on christians

Schlacht also got the boot when his usefulness ran out

a golem

Interesting. That way the kikes could have a monopoly on banking.

germany has a very complicated position in the world at the time and that cannot be explained with a few memes cut from wiki articles.
Germany was heavily sanctioned at the time, but this fact is always left out.
>they really got lucky Schacht was around when needed lol
he was only a participant in the thinktank at the time.
hjalmar was arrested and placed under house arrest.
>The basic feature of our economic theory is that we have no theory at all
thats social darwinism,t hey were counting on the Germans to sort it out on their own, and it worked.

>Sal. Oppenheim was a German private bank founded in 1789. In 1798, the business moved to Cologne, then the most important banking location in Germany. Through marriage the family became closely related to the prominent Rothschild banking family in matters both personal and business-related.
>In 1936, Sal. Oppenheim "voluntarily" Aryanised with the addition of Robert Pferdmenges as partner. Likewise, in 1936, the bank absorbed the Jewish Bank of A. Levy. In 1938, the bank signed their name to the newspaper campaign of the Nazi Party as Robert Pferdmenges & Co
>Its balance sheet ballooning throughout the war, the bank continued operating until 1944, when the Oppenheims were imprisoned. They were unharmed and survived the war
I thought the Nazis hated jews?

> Yes. But if there is no biblical premise not to lend at interest it is not a sin. You can't just make up laws and say it is a sin.
Well if I’m going to be completely honest here, if all Christian countries in Europe in the Middle Ages ban usury for religious reasons, I reckon there’s probably some biblical backing to the idea that usury is a sin. Just speculation though

You look like sunk in mud. Why is that?

everything was run by the nazis, you nitwit.

Just Hitler.

It says the bank was Aryanized and expropriated another Jewish bank, so no contradiction there

>privatized
>but you have to do EXACTLY what we tell you...or else

So it was "private" in name only.

Hitler was a Communist spy manlet faggot.

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Why did they privatize the banks at all then? Wouldn’t it just be easier to own the banks directly through the state rather than have an extra middle-layer of private ownership that’s then controlled by government bureaucracy?

Banks have regulations in most countries, only americans give jews full control over their banks

The Oppenheims (Rothschilds) were still running it dumbass

>I reckon there’s probably some biblical backing to the idea that usury is a sin.
Can you cite it? If not it doesn't exist. There is a verse about not charging interest to your fellow Israelite, but you can charge interest to foreigners in order to rule over them. But in a world of only Israelites do you charge interest? We would be the new nations.

He was no dictator, definitely not in the beginning. He was elected democratically.

This has been answered in th second post of this thread. because private enterprise is achieves "greater cost consciousness, efficiency gains, and technical progress"

Why do you keep asking these questions?

So many words to describe capitalistic principles

The Rothschilds are king Jew, it's not so easy to get rid of them. They have no much influence. I mean they're still kikes don't get me wrong. Either that or none of that is true and it's a post-war Allied propaganda invention.

why go to war wtith russia in winter again

No shit retard, third position is about combining best parts from both sides