OF THE
TIMES
Yet it would be wrong to see the hyperinflation of 1923 as a simple consequence of the Versailles Treaty. That was how the Germans liked to see it, of course...All of this was to overlook the domestic political roots of the monetary crisis. The Weimar tax system was feeble, not least because the new regime lacked legitimacy among higher income groups who declined to pay the taxes imposed on them.You'll note the frightening similarities to the US's monetary policy today. We see:
At the same time, public money was spent recklessly, particularly on generous wage settlements for public sector unions. The combination of insufficient taxation and excessive spending created enormous deficits in 1919 and 1920 (in excess of 10 per cent of net national product), before the victors had even presented their reparations bill... Moreover, those in charge of Weimar economic policy in the early 1920s felt they had little incentive to stabilize German fiscal and monetary policy, even when an opportunity presented itself in the middle of 1920.
A common calculation among Germany's financial elites was that runaway currency depreciation would force the Allied powers into revision the reparations settlement, since the effect would be to cheapen German exports.
What the Germans overlooked was that the inflation induced boom of 1920-22, at a time when the US and UK economies were in the depths of a post-war recession, caused an even bigger surge in imports, thus negating the economic pressure they had hoped to exert. At the heart of the German hyperinflation was a miscalculation.
Comment: So, we're being asked to believe the anti-human, medieval state of Qatar commissioned this 'independent, lock-solid case against Assad' from an elite London law firm, and published it on the eve of peace talks, with absolutely no self-interest in swaying public opinion?
Qatar has invested $4 billion in this war to date and is poised to commit another $20 billion in the 'reconstruction' of the country it's actively annihilating: that is hardly a disinterested party, now is it? The Qatari Emirs are hell-bent on removing the al-Assads.
The London law firm they hired, Carter-Ruck, is about as reliable an 'independent' source as Tony Blair is a 'peace envoy'. Note that The Guardian didn't wanted to be tainted by association and so left the firm's name out of their article! Carter-Ruck was, curiously enough, instrumental in launching the previous propaganda maneuver against Syria (that whole shrill spiel about 'Assad's chemical weapons of mass destruction')...
As SOTT.net editor Joe Quinn pointed out here, Going by the pattern in Syria to date, we have to consider that the real reason these photographs were taken was to produce this 'independent report' for propaganda purposes; specifically, to remind people that they're supposed to perceive Bashar al-Assad as 'the new Hitler', etc.
The victims, like most others held up to Western audiences as victims of Assad's 'regime', were either tortured and killed by the foreign mercenaries funded by Qatar and Saudi Arabia, or they are among the tens of thousands of IRAQI torture victims under the US occupation.
Remember the hysteria generated by images of butchered children from the al-Houla massacre, for example?...
Houla massacre carried out by Syrian 'rebels', says Frankfurter Allgemeine Zeitung
Children shot, knifed, axed to death in Free Syrian Army's Houla massacre
The Houla Massacre: US-Sponsored Terrorists "Killed Families Loyal to the Government"
Footage Reveals Terrorists' Role in Houla Massacre