Birdwatch Note Rating
2024-02-27 02:32:21 UTC - HELPFUL
Rated by Participant: 7E42D83344DB025486F56451745280CBC7CD76A80579956780E650C751F8223D
Participant Details
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
All Note Details