New here?
Create an account to submit posts, participate in discussions and chat with people.
Sign up
Can someone explain the economic policy of pre-war NSDAP Germany?
Hitler mentioned in one of his Four-Year Plan speeches that the Reichsmark was backed by production rather than gold. How does this work?

Did companies retain profits as they do in capitalism?

He significantly reduced unemployment by putting people to work on infrastructure projects like the railway system and the autobahn. But how was this achieved without printing money and causing inflation?

My brain only knows jewish economics.
You are viewing a single comment's thread. View all
fourleaved on scored.co
1 year ago 4 points (+0 / -0 / +4Score on mirror )
Men aged 18-25 were given six-month fixed term contracts as part of the mandatory Reichsarbeitsdienst before military conscription. They received a subsistence-level pay, which meant enough money for the very basics, with prices that were controlled by the central government. Sometimes meals, accommodation, and uniforms were provided by the job.

A huge benefit was using the Gestapo to enforce rationing laws and punish hoarding, bartering, and profiteering. Effectively destroying black markets at the time.

Bonus. Here is a good pamphlet to help separate your mind from jewish economics and understand the NSDAP way:

https://archive.org/details/bernhard-koehler-rassenkampf-der-wirtschaft-1939-28-s.-scan-fraktur/mode/2up
Toast message