At a conservative estimate German Jewish wealth in 1933 came to at least 8 billion Reichsmarks. Transferring even a modest fraction of this amount was clearly beyond the Reichsbank. As it was, the drain was serious enough. According to a detailed account compiled by the Reichsbank, the hard currency losses due to emigration between January 1933 and June 1935 came to a total of 132 million Reichsmarks, of which Jewish emigrants accounted for 124.8 million Reichsmarks.
