Germany's economic policies 1933 to 1938

We had a thread about this yesterday, my impression was that more than half of the people believed that the economic recovery and driving down unemployment until 1938 was
A. due to invasions of other countries (even though until March 1938, no other countries had been touched),
B. unsupportable "socialism" aka nationalization of the means or production (even though privatizations were the nature of the game back then, in contravention to nationalizations elsewhere in Europe),
C. from lending from international banks (even though Germany had no credit in 1933 and was completely cut off from the international markets due to 40% unemployment and no gold or collateral etc.)
D. simple money printing (referring to MEFO bills, but completely ignoring that inflation was low, exactly because only 4bn Reichsmark in MEFO bill went into inflation and 8bn remained outstanding as "loans" from the industry to the German gov)
E. by putting all the unemployed in the army (although by 1938, only 400,000 were in the military... but 7 million jobs had been created overall)
etc.

Why are people so bluepilled when it comes to the economic policies in Germany from 1933 to 1938? You know that you can read up on this, there is nothing "fascist" about reading. There is nothing "Nazi" about looking up Schacht's economic miracle.

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Other urls found in this thread:

fixingtheeconomists.wordpress.com/2013/12/11/hjalmar-schacht-mefo-bills-and-the-restoration-of-the-german-economy-1933-1939/
youtube.com/watch?v=1FUZFy9Nd9s&t=208s
twitter.com/SFWRedditGifs

>You know that you can read up on this
Meh, do you have a video or something?

you're wrong about basically everything you said, its time to leave the nazi crap in the past and focus on what we have right now in Trump

>Meh, do you have a video or something?
Just google it. For some easy start fixingtheeconomists.wordpress.com/2013/12/11/hjalmar-schacht-mefo-bills-and-the-restoration-of-the-german-economy-1933-1939/

>you're wrong about basically everything you said, its time to leave the nazi crap in the past and focus on what we have right now in Trump
I am no Nazi. I am just saying that the economic policy that combined privatization, lowering taxes, public works programs that builds up infrastructure, housing etc. and some central planning isn't bad, but can rebuild a country with high unemployment.

Germany, stop trying to destroy Europe again, please.

Hitler's Germany was a happy Germany. That was the difference - pride in volk and labor. They created their living standards through labor, and they did it as a nation, not an individual.

OP this is where you type paragraph after paragraph of interesting policies that changed Germany. I'm not looking shit up, you have the making of an interesting thread, just execute.

>OP this is where you type paragraph after paragraph of interesting policies
Nope, but please start

Shit thread 0/10

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For my understanding Germans made two significantly big decisions in economic level before the war. The first was solving Germany's debts by merely Schachts' promises to the various states bilingual. The creditors were convinced based on two facts. The famous german know-how almost in every technics and glorious industrial boom started by national socialists. Gotta also remember that every country knew that germans still made best weapons and bigger arms in world so. Submarines (my master thesis on the way), aircraft, tanks.. So german know-how

The second was the German Kraft durch Freude program. In practice, this was solely a state-run tourism activity that was cheap and easy to workers but the organization cost (state) was even cheaper. Germanys cash register was filled as fuck in 30´s.

Good thread.

OP, I always found this video to be quite good about the German economy in the 1930's: youtube.com/watch?v=1FUZFy9Nd9s&t=208s
Does this match what your understanding?

Diddn't they also gave out state money by hours worked or something?
Never was a toppic in school so no idea

I dont recall the details about that but salary was mostly state organized. NatSocs labour system was also very interesting. State dictated individuals (often just working class) working place. For example if a worker was moving from city to another, working in a new city required stater permission (assuming that job was alike).

In those times worker usually stayed in same career for the rest of his/her life. Not education for older people --> cheaper and easier to educate young people.

And best part is that if worker was suitable for work (not injuries or illnesses) and was not willing to work --> concentration camps to basicly work with no salary. Im not really sure did prisoners had some Per Diem before the war..

And if I understand correctly before the army men had to fulfill two years of workingservice (Arbeitdienst??). This tuned young people into hard work psychologically. Also free labour for the state. Briliant I would say. Women had these "woman schools" and also there was some arbeitdienst.

>There is nothing "Nazi" about looking up Schacht's economic miracle.
That's kind of the whole point, Hjalmar Schacht, the minister of Economics until '37, was responsible for the recovery, and he was against the military overspending. Hitler then fired the guy and ran the economy to the verge of bankrupcy by 1938. Germany's current balance of payments moved into deficit in 1938. In the winter of 38/39 Hitler faced a choice of either curtailing civilian consumption or slowing down rearmament.

Hence why he resorted to invading and plundering neighbour states in order for his system to survive. They annexed Austria with it’s nice bank reserves, which allowed them to pay bills for some months. Then Germany had to take the gold Czechs, and then food from Poland. Being an absolute ignoramus about the economics, Hitler did not know that what he was engaging was Military Keynesianism.

As compared to today, how well was English understood in pre-WWII Europe? If I were to visit Germany during the glory years 1933-1939, would people understand English?
....that goes for other Western European nations also during that time period; like Paris for example.

Only intellectuals had some english languageskills in those times. And maybe those who worked in international places (hotels, universities etc..)

Studying languages was a priority mostly in universities in those times.

smart ivan

Interesting a russian with actual knowledge.

What is your job ivan

somebody's gotta time-machnie

muss man doch wissen!

Schacht is one of the greatest economists of the 20th century

>want to create glorious self sustaining aryan empire
>be the antithesis of the jews who run the global economy
Gee I wonder why this didn't work out. Of course Hitler was forced to annex territory, this plan was doomed from the start.

Say we force (((Time magazine))) to have the face of every fucking Jewish rat bastard printed on the cover covered by a red cross.....their day will come...fucking sewer tier dick smoking porn pushing diabolical dirty scum of a fucking race.

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