What is history: it is the echo of the past to the future, the reflection of the future on the past. - Hugo
After the end of World War I, Germany, the defeated country, will face debts of up to 238 billion marks. However, after the baptism of war in Germany, the city was reduced to ruins, the people were poor, and the economy was on the verge of collapse. In such a situation, the development of the economy is already a fantasy, not to mention the huge reparations.
However, in 1933, Hitler came to the stage of history – Hitler became Chancellor of the Third Reich of Germany and the Nazi Party took over state power. As soon as he came to power, he promised the people that "every household in Germany would have milk and bread on the table", and it was not long before Hitler fulfilled his promise, and the country suddenly became rich.
Before many people could even notice it, Germany's economy recovered rapidly, and in less than three years, it went from a country on the verge of collapse to an economic powerhouse.
Germany's GDP continued to grow at a high rate until Germany had the capital to start another world war, and many people did not understand: Why did Germany suddenly become an economic power? Where did his money come from?
Fanatical Fuehrer, regroup
In 1929, the Wall Street stock market in New York collapsed, triggering an economic crisis across the globe. Germany was also incalculably affected, and the economic crisis became Hitler's stepping stone.
Hitler called the economic crisis the result of an "incompetent" government that accepted the Treaty of Versailles, war reparations, and pursued a "socialist" policy. At the same time, his words gave hope to the people living in dire straits. In this way, Hitler became the Führer of Germany.
Hitler took over the mess in Germany, when industrial production in Germany fell by 40 percent, trade fell by 60 percent, and one out of every three Germans lost their jobs. Hitler knew that Germany's economic model had always been dominated by a liberal economy, and that the state could barely intervene in the management of private enterprises.
However, during World War I, many companies made windfall fortunes in the war. Hitler, who saw it in his eyes, did not hesitate to nationalize many rich private enterprises in the country and strengthened the government's intervention in the economy.
As we all know, the United States' "work-for-charity" measures in the face of the "economic crisis of 1929-1933" can be described as an international model. At the same time as the "Roosevelt New Deal" in the United States, there was also the "Hitler New Deal", hitler vigorously developed infrastructure construction in the country, and built many roads, airports, bridges and so on. The completion of these large-scale projects is inseparable from a large number of laborers, and the continuous supply of jobs has greatly reduced the number of unemployed people in Germany.
When the people have a job, they have money, and when they have money, they will consume, which has always led to the development of other industries, and invisibly added many posts. Because Hitler was more "totalitarian", by 1935, when Roosevelt had just solved the problem of unemployment in nearly half of the country, the German people under Hitler's leadership were no longer plagued by unemployment.
At the same time, the rapid development of German industrial production, under Hitler's attention, Germany began to vigorously restore and build new factories, large and small factories rose from the ground, the entire country's machinery was running rapidly, many of which were leading the world's military industry.
Germany's steel production quadrupled in just five years, heavy industry and arms production increased by 2.1 times, and the gross national product even increased by 100 percent.
In this way, Germany's infrastructure is becoming more and more perfect, industry is developing rapidly, and unemployment has remained at zero all year round. Hitler also actively improved German laws and regulations on the economy, formulating a series of bills, including the Labor Act, focusing on providing effective protection for the people's property. Hitler's series of measures led to a steady increase in the support of the Nazi Party.
However, Hitler wanted Germany to prosper, and if the money alone was not enough to build Germany by a series of domestic measures, where did he get such a large amount of money?
Finance capital, feed the Nazis
After the end of World War I, Britain, France and the United States were the world's great powers at that time, in which Britain and France divided Germany in two, and even occupied and divided many of Germany's overseas colonies. In the eyes of the United States, this is a signal that Britain and France are gradually getting stronger. In order to weaken and balance Britain and France, the United States placed its hopes on its neighboring defeated Germany.
At that time, Hitler had just come to power and appointed Yalmah Schacht, known as a "financial genius", as governor of the national central bank and minister of the economy department.
Not only did Schacht advocate ignoring the Treaty of Versailles and paying the peacemakers, but he also, well-persuaded, borrowed money from the Americans across the Atlantic. The United States, which was in an economic crisis at the time, was worried that capital could not expand. Wall Street, which was measured by the economy, soon built a capital bridge with Germany.
Schacht, on the basis of Germany's national credit, received a loan from Wall Street, which was then used to buy wall-controlled military equipment, munitions and even technology. At that time, DuPont, Mobil, Morgan, Ford and other consortiums and companies signed huge orders with Germany. While Helping the United States solve some of its employment problems, Germany has made a lot of profits. However, this considerable profit was used by Hitler to build many arms factories.
At that time, a large amount of American money was loaned to Germany. After Germany received the support of the United States, Britain and France also turned a blind eye. However, these three capitalist countries do not know that this is a tiger breeding problem. Slowly, U.S. loans could no longer satisfy Germany's vast capital chain, so the Nazi government took a new step — issuing bonds and using the exchange rate to plunder the wealth of the occupying powers.
The Meyford bonds secretly issued by Schacht, ostensibly a state-guaranteed bond that is not included in the treasury, is actually another form of banknote, but it is printed money later.
Of course, this practice only led to inflation, and Schacht had to enact a series of strict laws in order to control prices. However, the issuance of bonds further accelerated World War II, and the Nazis had to raid Poland before the maturity of the Mefour bonds in order to avoid the bankruptcy of Germany.
If we evaluate the nature of World War II from a financial point of view, we will find that Hitler used American money, British and French equipment and technology to start the Second World War. In fact, no capitalist country is innocent, they have inadvertently fueled Germany's ambitious plans, and the Nazi war beast is actually bred by financial capital.
Behind the prosperity, endless plunder
In 1939, Hitler gave a speech: "During the short six years of my reign, I have allowed the country's roads and canals to be built, and a large number of factories have been built, I have brought 7 million unemployed Germans back to work, I have greatly improved the educational and cultural level of this nation, I have reunited Germany politically..."
Many later generations did not understand why many people at that time fanatically pursued Hitler. After reading this speech, the doubts in my heart were answered, Hitler was not only an orator with excellent eloquence, but his speech was all truth. But how can the public see what the Nazis did behind this series of outstanding achievements? Hitler's path to "riches" is, if summed up in one word, "plunder."
The first to be persecuted under Hitler's "plundering strategy" were the Jews. No one can forget the Kristallnacht of 1938, the beginning of Nazi Germany's plundering of great wealth from the Jews.
When Hitler first took office, he pointed the finger at the rich and large Number of Jews, threatened to exterminate all Jews in Germany, and even incited high anti-Semitic sentiment among the people. In that era, countless Jews were brutally killed, and Hitler's series of measures were terrible. But he received the support of the impoverished, low-class Germans and his endless wealth.
The Labor Laws enacted by the Nazis ostensibly preached to the people that their property would be guaranteed, but in fact they plundered the wealth in the hands of the people. Because the wages of the people were fixed and even rose on the surface, the Nazi government did not mention "inflation".
In fact, the salary at that time was just solved for many people. Coupled with the deformed development of the German military industry, there was almost no investment in the field of consumption, and the living conditions of the people at that time were "to cannons and not butter".
While Germany is swindling wealth from the capitalist countries, it is also constantly seizing the wealth of other European countries. Hitler's army conquered Austria, Czechoslovakia, Poland and other countries, and after direct robbery, established a puppet government to help him completely plunder their wealth. According to the statistics of relevant institutions in the United States, this amount alone amounts to 104 billion marks.
In fact, hitler's series of economic measures were all step by step towards the war he had planned for a long time. Those who supported the Nazis only in the face of Hitler ended up falling prey to Germany's war.