Birdwatch Note Rating
2024-02-27 02:54:22 UTC - HELPFUL
Rated by Participant: DF66B2BCD0ADA582AA4FF612ABBFA3D0EDB8B3CC8C35032CFADDA5F3F933AC71
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
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