Through hundreds of legal measures, the Nazi-led German government gradually excluded Jews from public life, the professions, and public education. The goal of Nazi propaganda was to demonize Jews and to create a climate of hostility and indifference toward their plight. On Kristallnacht—the Night of Broken Glass—Jewish businesses and synagogues were destroyed in the first act of state-sponsored violence against the Jewish community. Many Jews who had the means tried to leave Germany but encountered countless bureaucratic hurdles.
Look at the chart that I have attached. The low point was between 55 or 60 to 381. When you look at something like Bitcoin, that doesn't look like it was very much, but there are two things that you really have to keep in mind.
1. Most people had only about 10% of the price of the stock covered. What that means is that if a stock cost 100 dollars, most people had only 10 dollars holding it down. The rest was put up by the bank. The market was doing such crazy things that I don't even think the banks checked into your credit. The stock was holding down what you owed. The bank only got its share when you sold. Preposterous!!! It sure was.
2. The second thing is that the numbers I've given you were the Dow Jones Industrial Average. That's the cream of the cream on the NY stock exchange. Who knows what was going on with companies that were not that big. They were what the economic writers would have called "Good Speculations," which translated into "go mortgage your house, sell your furniture, back up the truck (and then sell it too) and buy xzy. You'll never be broke again."
That by the way is why bitcoin and all its relatives is so dangerous.
This was called an "iron curtain." Western powers noticed issues of blame and stepping up armaments, therefore having a negative response.
Explanation:
The Enlightenment was an intellectual movement in the eighteenth century that emphasized reason and science.
The British colonist Benjamin Franklin gained fame on both sides of the Atlantic as a printer, publisher, and scientist. He embodied Enlightenment ideals in the British Atlantic with his scientific experiments and philanthropic endeavors.
Enlightenment principles guided the founding of the colony of Georgia, but those principles failed to stand up to the realities of colonial life.
The Enlightenment
The Enlightenment, also known as the Age of Reason, was an intellectual and cultural movement in the eighteenth century that emphasized reason over superstition and science over blind faith. Using the power of the press, Enlightenment thinkers like John Locke, Isaac Newton, and Voltaire questioned accepted knowledge and spread new ideas about openness, investigation, and religious tolerance throughout Europe and the Americas. Many consider the Enlightenment a major turning point in Western civilization, an age of light replacing an age of darkness.