Ned M Campbell

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The economic consequences of “passive resistance” were disastrous. The only way the Reich could cover the costs for wages in the dormant factories, mines and companies was to print massive amounts of money. The devaluation of the reichsmark, which had already begun at the end of the war, reached a dizzying pace. Overnight, the middle and working classes saw their savings disappear, while financial adventurers and speculators exploited the chance to amass huge fortunes. The demise of the currency was accompanied by the decay of fundamental social values.
Hitler: Ascent: 1889-1939
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