V-E DAY: The Great Patriotic War ends with the surrender of Colonel-General Alfred J.F. Jodl to the allied armies at Reims, France; and of Field-Marshal Wilhelm Keitel to the Soviet Red Army in Berlin, Germany.

      This begins the U.s.’ ninth attempt at nation building.

       NOTES:

  • While “nation-building is a laudable goal, Article IV, Section 4 of the Constitution for the united States says that “The United States shall guarantee to every State in this Union a Republican Form of Government”; it does NOT state that “The United States shall guarantee to every nation on this planet a Republican Form of Government.” [emphasis added]
  • From June 1939 to May 1945, the amount of Federal Reserve Notes (Bills of Credit) in circulation grew from 7,000,000,000 to 26,000,000,000 “dollars”—a 271% increase.

       [updated 5/10/2025]

Subsequent Events:

7/26/1945                   7/31/1945                   9/2/1945                3/5/1946                3/4/1947

6/7/1948                   9/20/1949                   3/18/1968

References:

Doug Bandow, “Nation-Building’s Grim Record,” Orange County (California) Register, 25 April 2003, Local:7.

Calvin D. Linton, ed., The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 361.

Separating Money and the State
www.marketskeptics.com/2015/10/separating-money-and-state.html

PolicyBrief#24 – Policybrief24.pdf
carnegieendowment.org/files/Policybrief24.pdf

Current U.s. National Debt:

$36,215,818,399,936

Source