HOW EXACTLY DID HITLER RUN HIS ECONOMY: THE GREAT MYSTERY OF THE NAZI ECONOMY

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This is a note I wrote to someone who said to me Hitler just moved away from central banking. I wrote: Feel free to send any videos when you remember or find one. I am aware of the basic principles of zero interest. But what I’m interested in is the much deeper stuff – much finer detail on what they actually did. Someone managed to find me an academic paper on the matter. And I do have some stuff from Leon De Grelle. It’s more than just the central banking. What they did was pretty complex and they had many rules. The way the NSDAP ran their economy is actually VERY DIFFERENT to the way modern economies run. In the modern world everyone just watches stock markets. That’s all they do. Watch stock markets, interest rates and then say: The economy is great. The NAZIS weren’t like that at all. When they ran an economy, the way they controlled it and measured it is very different. They, for example could limit certain production, or control things in other ways. And nobody has sat down and documented exactly what was going on. The NAZIS had all kinds of rules. e.g. Hitler outlawed supermarket chains. Yet he still worked with big factories and big corporations. He pushed small private businesses, and could pay workers high wages. The economy was a form of capitalism, but how it worked exactly is fascinating and everyone just touches on the simplest aspects of it. Yet, it functioned, on the military level, almost exactly the same as the USA and the West does when Governments ask for businesses to submit ideas. e.g. if you want new weapons, etc. Hitler did not like speculation and I think he made it illegal. So he did not like people wasting time playing the gambling game known as the stock market. And he did not seem to measure the economy by using the stock market. However, at a point the Third Reich almost had the same GDP as the USA. But nobody explains exactly how Hitler measured his success or how he controlled it. Its fascinating that despite German limitations (e.g. Oil and many other things), that he could simply apply quotas and the businesses just adjusted to this and they still continued on. Of course, German creativity, especially in chemisty comes into play, but it’s astounding how he ran it, and it seems to have many aspects that are completely different to how we see economics.



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