Birdwatch Note Rating
2024-02-27 17:16:47 UTC - HELPFUL
Rated by Participant: E1008D810978D7EAA3134ED2C4969DE667E54A8A1EF8C42FB516CC9E6216FF8A
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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