Uzzy
Muse
- Joined
- Feb 18, 2007
- Messages
- 965
One of the really interesting aspects of the Third Reich was that the economic recovery Hitler brought about was a complete sham. His economic advisers created a system of vouchers to pay for re-armament. As described in the history books, the technique sounds to me a lot like check-kiting. If Hitler hadn't started his ruthless expansion into surrounding nations when he did (and looted their treasuries), the economy would have collapsed and the Third Reich would have come to an ignominious, but peaceful, end.
Regarding the economic aspect to the Third Reich, have you read The Wages of Destruction, by Adam Tooze? Or has anyone here? I'm thinking of picking it up, as it seems quite an authoritative work on the subject, and some thoughts from the historians here would be greatly appreciated.