The Nazis remilitarized which spurred short term economic growth, which was then used to pay for the extremely generous social welfare benefits to the Germans, who were appreciative of this because they were deeply traumatised by hyperinflation of the Great Depression. But this excessive government spending is turning the German wallets inside out; and the plunder of conquered nations gave Nazi Germany some needed cash injection to keep their economy going. If you don’t believe me, look up Hjalmar Schacht, Hitler’s economic minister, who warned the fuhrer that the state’s finances were nearly out in the late 1930s. Schacht’s savvy financial acumen had kept the Nazi German economy running longer than it should have been. He was dubbed the “dark wizard of finance”, partly because his confiscation of Jewish assets, before the war, yielded the Nazis much needed finances.
Benefits to the citizens isn’t the issue is was them funneling it entirely to the war machine effort, like how they turned funds for cars for the people into tank and military vehicles instead of the actual cars.
It was always an economy built on playing cards but not because of spending to people but only investing in the military.
The Nazis remilitarized which spurred short term economic growth, which was then used to pay for the extremely generous social welfare benefits to the Germans, who were appreciative of this because they were deeply traumatised by hyperinflation of the Great Depression. But this excessive government spending is turning the German wallets inside out; and the plunder of conquered nations gave Nazi Germany some needed cash injection to keep their economy going. If you don’t believe me, look up Hjalmar Schacht, Hitler’s economic minister, who warned the fuhrer that the state’s finances were nearly out in the late 1930s. Schacht’s savvy financial acumen had kept the Nazi German economy running longer than it should have been. He was dubbed the “dark wizard of finance”, partly because his confiscation of Jewish assets, before the war, yielded the Nazis much needed finances.
Benefits to the citizens isn’t the issue is was them funneling it entirely to the war machine effort, like how they turned funds for cars for the people into tank and military vehicles instead of the actual cars.
It was always an economy built on playing cards but not because of spending to people but only investing in the military.