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His harangued German economist counterpart, Schacht, would face similar treatment many years later, being sent to a Nazi concentration camp after being accused of being part of the July 20 Plot to assassinate Hitler. [33] Economic reconciliation was hampered even further by political tension after the Anschluss in mid-1938 and Hitler's ...
The German–Soviet Credit Agreement (also referred to as the German–Soviet Trade and Credit Agreement) [1] was an economic arrangement between Nazi Germany and the Soviet Union whereby the latter received an acceptance credit of 200 million ℛ︁ℳ︁ over seven years with an effective interest rate of 4.5 percent.
[78] Hayes describes Nazi economic policies as a "'carrot-and-stick' or 'Skinner Box' economy" in which corporate decisions "were increasingly channeled in directions the regime desired" through a combination of "government funding and state-guaranteed profit margins" on the one hand, and a series of regulations, penalties, "the possibility of ...
The Berghof, Hitler's private retreat, was renovated at a massive cost, all of it paid for with Nazi Party donations. While hyperinflation of the Weimar Republic had crippled the German economy and plunged millions of German workers into unemployment, Hitler and his party received lavish donations from wealthy benefactors at home and abroad. [18]
The German–Soviet Economic Agreement of 12 October 1925 formed the contractual basis for trade relations with the Soviet Union. In addition to the normal exchange of goods, German exports to the Soviet Union from the very beginning utilized a system negotiated by the Soviet Trade Mission in Berlin by which the Soviet Union was granted credits for the financing of additional orders in Germany ...
The proportion of military spending in the German economy began growing rapidly after 1942 as the Nazi government was forced to dedicate more and more of the country's economic resources to fighting a losing war, therefore civilian factories were converted to military use and placed under military administration. By late 1944, almost the entire ...
The price of a butter slab has spiked 26% since December, reflecting how inflation is unraveling for the average Russian in Vladimir Putin's war economy. The great Russian butter robbery—and ...
The Wages of Destruction: The Making and Breaking of the Nazi Economy is a non-fiction book detailing the economic history of Nazi Germany. Written by Adam Tooze, it was first published by Allen Lane in 2006. The Wages of Destruction won the Wolfson History Prize and the 2007 Longman/History Today Book of the Year Prize.