Germany was economically crippled by reparations imposed after World War I. Read up on the Treaty of Versailles. The treaty, signed in 1919, demanded Germany pay 50 billion gold marks (approximately $220 billion in today’s money) to cover civilian damage. This debt, along with other harsh terms of the treaty, contributed to hyperinflation, economic instability, and resentment that helped the Nazi party come to power in Germany.
That is true. But the resentment on Versailles treaty is not the only reason and it is far more complex. The US was basically providing money to Germany through loans, so that Germany can repay the reparations set by Versailles treaty (the United States along with Britain actually opposed the terms but the French insisted). Germany was actually on her way to pay the reparations and the economy boomed after World War 1. But, when 1929 came the Great Depression happened which means the United States had no more money to give, which means Germany also had no money to pay the reparations. This caused the country to default leading to hyperinflation.
Hitler refused to pay the remaining reparations and gave jobs to the Germans by rearming. However, this caused another inflation and impending bankruptcy which prompted Hitler to invade regions and then countries to plunder for more funds.
Germany was economically crippled by reparations imposed after World War I. Read up on the Treaty of Versailles. The treaty, signed in 1919, demanded Germany pay 50 billion gold marks (approximately $220 billion in today’s money) to cover civilian damage. This debt, along with other harsh terms of the treaty, contributed to hyperinflation, economic instability, and resentment that helped the Nazi party come to power in Germany.
That is true. But the resentment on Versailles treaty is not the only reason and it is far more complex. The US was basically providing money to Germany through loans, so that Germany can repay the reparations set by Versailles treaty (the United States along with Britain actually opposed the terms but the French insisted). Germany was actually on her way to pay the reparations and the economy boomed after World War 1. But, when 1929 came the Great Depression happened which means the United States had no more money to give, which means Germany also had no money to pay the reparations. This caused the country to default leading to hyperinflation.
Hitler refused to pay the remaining reparations and gave jobs to the Germans by rearming. However, this caused another inflation and impending bankruptcy which prompted Hitler to invade regions and then countries to plunder for more funds.
I don’t disagree with any of that.