What can you do with MEFO bills?
only after you have finished a war, you will have to pay the bills back. the length and output increase the longer you use mefo bills untill you declare war. you do not NEED to renew the mefo bills from the start, and then onluy have 60 days (i think) to repay the bills.
What do I do with MEFO bills hoi4?
MEFO bills serve to steer the buildup phase of a historical Germany towards an aggressive expansion of military production and infrastructure. The German focus tree, by virtue of the Four Year Plan branch and the Anschluss branch, allows for expansion of civilian industry without compromising on military production.
What does MEFO stand for?
MEFO was the more common abbreviation for (German: MEtallurgische FOrschungsgesellschaft m.b.H., English: Society for Metallurgical Research LLC), a dummy company set up by the Nazi German government to finance the German re-armament effort in the years prior to World War II.
Who made MEFO bills?
Hjalmar Schacht
A Mefo bill (sometimes written as MEFO bill), named after the company Metallurgische Forschungsgesellschaft (Metallurgical Research Corporation), was a promissory note used for a system of deferred payment to finance the Nazi German government’s programme of rearmament, devised by the German Central Bank President.
When were the MEFO-bills Cancelled?
In 1938 Hitler cancelled the Mefo-bills and the Reichsbank had to rely to standard borrowing increasing the nominal public debt by 30% in the fiscal year of 1938/39. With the Mefo-bills no longer issued, numerous firms decided to cash their due notes which resulted in a rapid increase of money in circulation.
When were the MEFO bills Cancelled?
When did Germany lose the air war?
According to Dr. Richard R. Muller in his December 2003 article in Air and Space Power entitled Losing Air Superiority: A Case Study from World War II, he argues that the Germans had definitively lost air superiority over Europe in fall of 1944.
Who destroyed the Luftwaffe?
After the defeat of Germany, the Luftwaffe was disbanded in 1946. During World War II, German pilots claimed roughly 70,000 aerial victories, while over 75,000 Luftwaffe aircraft were destroyed or significantly damaged.
What happened to Hitler’s air force?
The structure of the Luftwaffe very much reflected the whims of its commander, Hermann Göring, and over three million men served in air force, air defense, and paratrooper units from 1939 to 1945. That incarnation of the German air force was disbanded by victorious Allied powers in 1946.
How did Germany lose air superiority?
Third, in January of 1945, Operation Bodenplatte was the Luftwaffe lost any type of air superiority. It’s fighter defenses were ill-spend on ground attack missions with ill-trained pilots, with much friendly fire. The losses in fuel and pilots could not be replaced. This was the final straw.
Why did the RAF beat the Luftwaffe?
The RAF proved to be a better combat force than the Luftwaffe in almost every respect. The decisive factors were British capability and determination, but German mistakes, before and during the battle, contributed significantly to the outcome.