| November 26 | ![]() |
In 1904, on this day the master Nazi Counterfeiter Bernhard Krüger was born in Slovakia's High Tatra mountains.
Flugzeugträger Part 8:
Operation BernhardAs a Schutzstaffel Sturmbannf"hrer (SS Major) set up a team of counterfeiters to develop the appropriate rag-based paper with the correct watermarks for pounds sterling and later, US dollars. Although the task of breaking the code to generate valid serial numbers was extremely difficult, the printing press of "Operation Bernhard" produced notes that were almost impossible to distinguish from the real currency (in the 1940s, the Bank of England still maintained leather-bound volumes recording all serial numbers).
The original aim was to flood enemy countries with counterfeit currency that would create inflation and wreck their economies. However by the late nineteen thirties, the Nazis were more concerned with the German economy being wrecked by the war-time build-up. And so the much needed hard currencies were used to buy raw materials for Plan Z the re-equipment and expansion of the Nazi German Navy (Kriegsmarine) ordered by Adolf Hitler on January 27, 19371. This was partly achieved by a laundering operation in which gold was sold by Swiss banks, obviating the need for the Wehrmacht to launch Operation Tannenbaum, the high risk invasion of Switzerland. Because at this stage, the Nazis were heavily relying upon the theft of currency reserves, gold and diamonds from occupied countries in order to maintain liquidity. Fortunately, SS Major Bernhard had found a way to raid Switzerland without the huge costs of mountain warfare.
This post shares some commonality with the sister articles in the Flugzeugträger thread.
© Today in Alternate History, 2013-. All characters appearing in this work are fictitious. Any resemblance to real persons, living or dead, is purely coincidental.




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