Stuff You Should Know The Legends of Lost Nazi Gold
Apr 7, 2020
Delve into the audacious plundering of billions in gold by the Nazis during WWII. Discover captivating myths and theories about missing treasures, as well as bizarre tales of treasure hunts. Explore the dark history tied to this elusive wealth, including the haunting fates of Holocaust victims. Enjoy light-hearted debates about cherry pie and amusing anecdotes, while uncovering the continued intrigue surrounding the international gold trade. The quest for Nazi gold reveals an intricate web of greed, mystery, and historical injustices.
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Hyperinflation in Weimar Republic
- In 1923, Germany experienced hyperinflation, with a loaf of bread costing 80 billion marks by November.
- This economic instability contributed to the Nazis' rise to power, inheriting a dire financial situation.
Nazi War Funding
- The Nazis' war effort was driven by their lack of resources, both financially and industrially.
- They resorted to theft to fund World War II, as they lacked the necessary resources to sustain it.
Gold as Nazi Currency
- Five neutral countries refused to trade in Reichsmarks during WWII, prompting the Nazis to hoard gold.
- Gold's fungibility made it ideal for acquiring war resources and backing their currency.