Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

Based out of the Ruhr, where his family had been coal barons for generations, young Stinnes built up a good-sized empire of steel, gas, electric and water power, streetcars and barge lines before he was 30. During the World War he worked closely with Walter Rathenau, who was ramrodding the whole economy then. After the war Stinnes managed to put the horizontal electrical trust of Siemens-Schuchert together with the coal and iron supplies of the Rheinelbe Union into a super-cartel that was both horizontal and vertical, and to buy into just about everything else—shipyards, steamship lines, hotels, restaurants, forests, pulp mills, newspapers—meantime also speculating in currency, buying foreign money with marks borrowed from the Reichs-bank, driving the mark down and then paying off the loans at a fraction of the original figure. More than any one financier he was blamed for the Inflation. Those were the days when you carried marks around in wheelbarrows to your daily shopping and used them for toilet paper, assuming you had anything to shit. Stinnes's foreign connections went all over the world—Brazil, the East Indies, the United States—businessmen like Lyle Bland found his growth rate irresistible. The theory going around at the time was that Stinnes was conspiring with Krupp, Thyssen, and others to ruin the mark and so get Germany out of paying her war debts.

ahhh just thrilling

—p.289 by Thomas Pynchon 1 year, 5 months ago