Birdwatch Note Rating
2024-02-27 02:45:18 UTC - SOMEWHAT_HELPFUL
Rated by Participant: FD85B37F94BBD81AFF9919DDA8FAA93C05597BC57A98664FBB8AE811BED885D0
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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