1933 Repeat? How is Europe Planning to Pay for War?

In a March 8 statement Helga Zepp-LaRouche asserts:

"If the EU and the individual European member states now sabotage Trump’s intention to end, together with Russia, the Ukraine war which was a proxy war between the U.S. and Russia from the beginning, then they are making a catastrophic historical mistake. If they then also attempt to finance the enormous lack of military capabilities by creating money outside the regular budgets, they are repeating German Reichsbank President Hjalmar Schacht’s policy of Mefo bills from the 1930s. At that point, the great war with Russia and with all the countries with which Russia is in a strategic partnership would become a self-fulfilling prophecy!"

It's not only the EU which is pushing delusional financial schemes, but members of the Trump Administration, apparently with the President's approval, are recklessly moving toward merging the U.S. Treasury and (unconstitutional) Federal Reserve with the crypto currency domain, which will ultimately blow out whatever stability is left of the U.S. dollar.

There is a precedent for these schemes which didn't end well, referenced by Helga Zepp-LaRouche above.

The United States needs to return to a solid, production-based economy, driven by a commitment to scientific and technological advancement which is the only way to raise the standard of living of the American people and create the conditions for peaceful relations with the rest of the planet.

This week, Diane is joined by EIR editor economics expert Paul Gallagher who will explain the Mefo bills policy of 1930's Germany so that we can avoid repeating such a catastrophic error.