Comments by "Kim O\x27Brien" (@kimobrien.) on "Analyzing a modern fascist book "Socialism of Duty"" video.

The problem that many don't understand is that once you get to the place where you have banks. Banks create money. Now if you don't believe me you need to listen to Milton Friedman when you pass money back and forth between banks you create money privately. You can play a game by yourself on paper to see how this works the banks asset value will rise because because they can count the same deposits more than once if the beginning loaning money back and forth to each other all without ever violating the requirement to keep a reserve on deposit. As long as the money can be just numbers on paper not actual gold or silver you can't get away from this problem. People don't want to carry gold and silver around to buy and sell everything which is how banks came into being. They had to tell people that their money was insured against loss to get back the trust in banks. They also had to create the central bank because of this. How do you have a capitalism without money and banks? Why do you think so many banks failed durring the great depression? They use to issue private money durring the great depression. Why is this possible? Because you only keep a fractional amount of the total on deposit. Now you have the German and Japanese Central Banks having zero interest rates. The problem is that most people suspect something fishy about banks but don't really understand how capitalism involves both the circulation of money and the creation of capital. You think you can just easily assign prices with a market and forget that when you put money into a market it becomes possible to create more money and thereby change all the prices. That's why in a real socialist country not only are they internationalist in out look they try and get away from commodity production the production of commodities for money. This is why in Cuba people appear to be living much better than their salaries would imply.
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@johnwolf2829 Not necessarily it more than likely would have only created chaos. Long term goal of the NAZI's was to murder all the Jews in the Ukraine and give the farmland to ethnic Germans. However the Army and the SS did not necessarily see eye on how to administer occupied territory.
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