The monetary system was already controlled by the Reichsbank, as all central banks exist to do. So yes, removing competition from private companies against the state monopoly or seizing control of private companies and making them into Party structures (like the seizure of Deutsche Bank), is removing competition from the government.
The Riechsmark was always controlled by the Reichsbank, because that's what the word Reich is doing in those two words.
Yes. The Federal Reserve and the US Government is extremely close to the point that it is effectively a federal agency. Moreover, under the National Socialists, the Reichsbank was explicitly under the control of the party.
Not letting your monetary system be controlled by private banks is removing competition?
The monetary system was already controlled by the Reichsbank, as all central banks exist to do. So yes, removing competition from private companies against the state monopoly or seizing control of private companies and making them into Party structures (like the seizure of Deutsche Bank), is removing competition from the government.
The Riechsmark was always controlled by the Reichsbank, because that's what the word Reich is doing in those two words.
Yes, just like the Federal Reserve it wasn't actually controlled by the government.
And the Federal Reserve is actually Federal right?
Yes. The Federal Reserve and the US Government is extremely close to the point that it is effectively a federal agency. Moreover, under the National Socialists, the Reichsbank was explicitly under the control of the party.
That's why the Federal Reserve doesn't need the approval of the government. Because they're so close.
The Reichsbank was under the control of the National Socialist government during the rule of the NSDAP? Incredible. Never would've guessed.