Nazi Propaganda: The “Stabbed in the Back” Myth: Three Certified Banknotes

Description: Nazi Propaganda: The Stabbed in the Back Myth: Three Banknotes (Billfold) Description No modern incidence of hyperinflation is as notoriousor as historically significantas that which befell the Weimar Republic of Germany in 1921-24. At the height of the crisis, some 300 paper mills supplied pulp to 150 printers where two thousand presses worked nonstop, night and day, to crank out increasingly worthless paper money. The economy fell apart, and the social order began to collapse with it. Only when the Rentenbank established a new currency at the end of that yearwith one Rentenmark equal to one trillion old paper marks, and the money supply strictly limiteddid the economic death spiral cease. But the damage was done. Hitler and his Nazi Party was able to use the crisis to help take over the country. In the years after the Great War, German conservatives reconciled the countrys humiliating defeat by blaming the Jews. A popular conspiracy theory, propagated by the likes of General Ludendorff, took hold at the end of the war: Germany did not lose on the battlefield, but rather had been betrayed by traitorssocialists, labor unionists, anti-monarchists, and, especially, Jews. The stabbed in the back myth would be used to great effect in Nazi propaganda. CERTIFICATE of AUTHENTICITY INCLUDED This set contains three banknotes: a 50 pfennig notgeld from the city of Bad Kreuznach, featuring the portrait of Ludendorff; a 100 billion uniface hyperinflation note, of the kind used by the Nazis to print anti-Semitic messages on the reverse; and a 2 Rentenmark, which issue arrested the economic death spiral. 50 pfennig notgeld, 100 billion hyperinflation note, 2 Rentenmark

Price: 35 USD

Location: Highland, New York

End Time: 2024-10-23T13:11:48.000Z

Shipping Cost: N/A USD