raised. By July 1925, the last of the extraordinary taxes on income and property created during and immediately after WWI was abolished."
E non dimentichiamo le privatizzazioni.
were privatized, and state-owned telephone networks were sold to private firms"
tutto questo perché?
"This policy was part of the government’s strategy to build confidence among the industrialists and build support for fascism."
"The government began to pursue a policy of deflation to gradually strengthen the lira (...) reducing the amount of state debt to the Bank of Italy by means of the stabilization-related Morgan Loan of $100 million."
"the government decided on a mandatory conversion (conversione forzosa) in the form of the Littorio loan in November 1926. All government bonds with a maturity shorter than seven years were mandatorily
converted into nine-year bonds 5% int"
Mica male. La fiducia dei risparmiatori era stata sacrificata dal regime per fini di classe.