By 1939 the national debt had reached 37.4 billion marks. The reemployment of millions of jobless and the rearmament of German military forces had be… - Götz Aly

" "

By 1939 the national debt had reached 37.4 billion marks. The reemployment of millions of jobless and the rearmament of German military forces had been financed by borrowing gigantic sums of money. Even Goebbels, who otherwise mocked the government’s financial experts as narrow-minded misers, expressed concern in his diary about the exploding deficit.

English
Collect this quote

About Götz Aly

Götz Haydar Aly, (born 3 May 1947) is a German journalist, historian and political scientist.

Also Known As

Alternative Names: Götz Haydar Aly
Unlimited Quote Collections

Organize your favorite quotes without limits. Create themed collections for every occasion with Premium.

Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.

Additional quotes by Götz Aly

[A]1942 levy required property owners to pay ten years of the tax in advanced in a single lump sum. Because property owners were prohibited from raising rents, they alone bore the burden. In addition, the Reich appropriated other revenues that had previously belonged to local authorities.All told the state collected the considerable sum of 8.1 billion reichsmarks (in today’s currency the equivalent of around 100 billion dollars) in additional revenues in 1942-43. The financial newspaper Bankwirtschaft hailed the windfall as ‘a satisfactory result in terms of both limiting consumer spending power and improving the state budget.

Try QuoteGPT

Chat naturally about what you need. Each answer links back to real quotes with citations.

Some within the Nazi hierarchy… called for 'blue- and white-collar workers to be put on equal footing’ to give them a preliminary taste of the harmonious future to come, which would be achieve through a ‘generous reform of the social-welfare state in the interest of working people.’

Loading...