World War II in colour

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[perfil02]

http://www.history.ucsb.edu/faculty/marcuse/images/bidwellmarkstodollars.jpg
From the book i said before.
Wikipedia is not really "good" for this kind of information.
During war exchange values are "artifiacilly" changed but they don't represent real values.
So the real value of USD exchange is from 1940, [ 2,5 ].
So make your calculations again.
If you get info try to understand it, or read it all.

[gamesguy2]

http://www.history.ucsb.edu/faculty/marcuse/images/bidwellmarkstodollars.jpg
From the book i said before.
Wikipedia is not really "good" for this kind of information.
During war exchange values are "artifiacilly" change but they don't represent real values.
So the real value of USD exchange is from 1940, [ 2,5 ].
So make your calculations again.
If you get info try to understand it, or read it all.

Wrong.

Pre-war numbers are meaningless.  Because once war broke out, they fixed the exchange ratio between the pound and the dollar and the dollar to a specific amount of gold.    Same with the Reichsmark.

These are real values.  When the central bank and the central government declares those are the rates of exchange, and you can goto any bank and get that exchange rate, these are the exchange rates.

I saw that table too, its meaningless, because the 1940 figures were pre-war.

[gamesguy2]

You can't spend more than you have without destroying the economy.
Following your logic, converting all your "goods industry" to  armament industry would increase your production, (¿but who is going to pay for it?).

You don't know what you're talking about.   During WWII the US government(or indeed all governments) did just that.  Prior to the war our national debt was around 10-15% of GDP, post WWII our national debt was around 150% GDP.

Its called bonds.

[perfil02]

Pre-war values are obviously the ones who represent reality, because during the war the commerce is stopped.

Well, it is not difficult.
If you produce cars(for example) and you sell them on the extranger you earn money, then if you stop producing those cars and selling them you don't win that money.
Bonds are just an inversion on the state, and can be used in many way, not only war material production.

[gamesguy2]

Pre-war values are obviously the ones who represent reality, because during the war the commerce is stopped.

Well, it is not difficult.
If you produce cars(for example) and you sell them on the extranger you earn money, then if you stop producing those cars and selling them you don't win that money.

I don't think you understand the concept of a fixed exchange rate.

If I went to nazi germany in 1942 and went to a bank with a bunch of British pounds, I could convert them to reichsmarks at a 1:5 rate.

If I went to the US in 1942 and went to a bank with a bunch of British pounds, I could convert them to USD at a 1:4 rate.

Ergo, thats the exchange rate, and nothing you say will change it.  Because they are fixed and set by the central government.

Bonds are just an inversion on the state, and can be used in many way, not only war material production.

What does that have to do with the fact you were wrong?

[perfil02]

Sorry you lack too much coherence, I won't continue this and, no, you cant change reicnhmarks for USD or Pounds during WWII.

[gamesguy2]

Sorry you lack too much coherence, I won't continue this and, no, you cant change reicnhmarks for USD or Pounds during WWII.

Yes you can.   One of the Nazi occupied territories was the Channel islands, which used to be a British possession and had citizens that used British pounds.  The Reichsbank set the exchange rate for reichsmarks to pounds as five to one.   This was during WWII.

Your statement that you can't spend money you don't have is just lol.  Because governments have been doing it for hundreds of years.

[perfil02]

Those exchanges weren't during WWII weren't based on real economicall situation.
If the government can spend money they don't have if somebody pays it for them. If not that could only mean inflation (wich is bad, really bad.)

[Malevolence]

Those exchanges weren't during WWII weren't based on real economicall situation.

They were based on the war situation, which was very real.

The price of an object during the war is more important than its price outside of the war when it's a weapon for use in the aforementioned war...

[Mysthalin]

perfil, you are just being purposefuly thick, and do not understand the basic flaws in your logic. You've been contradicting yourself throughout this entire argument, and have done nothing more than troll.

You can indeed spend money you do not own, it's called debts. If you want to go ahead and tell us that there was no inflation after the war, and that the industries were the same as before the war - be our guest, because you're implying exactly that - a country can not overwork it's industry during a war for a decrease in that industry after a war. In other words - you're babbling nonsence.

During an all out war, countries do not give a shit about their "money" - what matters is winning the war, and the only proper resources are manhours building the weaponry and raw materials. Money does not come into play anymore. Money problems kick in after the war, and that's when they're dealt with.

[perfil02]

Lol, if you think I'm a troll then don't answer me, please I didn't asked you to do it.

You seem to think that the world is a happy magical world, but nobody gives anything for free. If you have debts you have to pay them (after or during the war).

Sure you can spend more than you have, (if someone pays it for you) but that doesn't means you have an infinite well of money.
It's just ridiculous that you defend that increasing the national debt, does not have negative effects. It does have, and they're really harmfull.

If you loose more than you win with the war, you've actually lost the war. WWII, happend in the XX century, not during the medieval ages.


But anyway i won't post anything else here.
America Fuck Yeah if that's what you want to listen, congratulations you've just discovered that M4 tank was best tank during world war II, you should write a book.

[Malevolence]

You seem to think that the world is a happy magical world, but nobody gives anything for free. If you have debts you have to pay them (during or before the war).

Or after the war as the case always has been throughout history.

Sure you can spend more than you have, (if someone pays it for you) but that doesn't means you have an infinite well of money.
It's just ridiculous that you defend that increasing the national debt, does not have negative effects. It does have, and they're really harmfull.

It is harmful to increase your debt, but it is often more harmful to lose a war.