Birdwatch Note Rating
2024-02-27 04:16:09 UTC - HELPFUL
Rated by Participant: 34857EA3B72EB8B19FA4B1317F6420DFD43497D43C3A68D7487D6109011755DF
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Original Note:
Factually incorrect. In the Hitler-Nazi economy, Hjalmar Schacht created a scheme for deficit financing through the issuance of promissory notes (Mefo bills). Schacht also took advantage of the end of the gold standard to increase deficit spending to re-arm Germany. https://en.wikipedia.org/wiki/Economy_of_Nazi_Germany
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