While State representatives are busily engaged in investigating and interfering, our agents and salesmen are handicapped, because they never know whe… - Günter Reimann
" "While State representatives are busily engaged in investigating and interfering, our agents and salesmen are handicapped, because they never know whether or not a sale at a higher price will mean denunciation as a ‘profiteer’ or ‘saboteur’ followed by a prison sentence.
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About Günter Reimann
Hans Steinicke (November 13, 1904 – February 5, 2005), better known by his pen-name Günter Reimann, was a German-born economist and writer. He was noted as founder and editor of International Reports, a New York-based weekly publication he created in 1947 and sold to the London Financial Times in 1983, and author of The Vampire Economy (1939) about what he described as the onerous business policy of the National Socialist German Workers Party and its disastrous effects on the German economy. Prior to World War II, Reimann was a member of the Communist Party of Germany and at the forefront of the underground resistance to Adolf Hitler within Nazi Germany.
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The slightest formal mistake was punishable with tremendous penalties. A fine of millions of marks was imposed for a single bookkeeping error. Obviously, the [Nazi] examination of the books was simply a pretext for partial expropriation of the private capitalist with a view to complete expropriation and seizure of the desired property later.
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A foreign visitor to the Berlin Stock Exchange would easily be deceived. There are announcements of daily quotations and price changes as though a free Stock Exchanged still existed, but nowhere would he find the former ‘public’— private buyers and sellers—as represented by independent brokers, bankers and ‘visitors.’
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