Comments by "Ernst Wiltmann" (@ernstwiltmann6) on "Why they don't tell you about Hitler's "Shrinking Markets" problem" video.
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TIK """"Henry Hazlitt's```` - in defense of market economy and liberalism" I can see him ad odds with John Maynard Keynes, in which he does not properly address arguments made by Keynesians. A reason why you like to paint Keynes as more socialistic inclined, which he was truly not. However, he gained the praise of Milton Friedman and Mark Spitznagel. The very people who are responsible for the economic chaos we endure today. The assumptions to controlling money supply and increasing it annually by 3% , buying toxic debts thus keeping Banks liquid went way out of control, and the Banks did not even trust each other, never mind using that money for lenders as intended.The opposite happened Asset prices have dropped. Banks Bad Debts are now stealing money from the middle class by devaluating it, creating a system that will hold us the money savers accountable for the failed economic policies of liberal ideals. The liberal economic failures are also based, of misrepresenting and misjudging the history, in our case the economics of Hitler`s Germany. I recommend Noam Chomsky https://www.youtube.com/watch?v=72ntkmdF9Yk, also Dirk Müller (Mr Dax) https://www.youtube.com/watch?v=uZz6j_WogwA Max Keiser: https://www.youtube.com/watch?v=PiuflBduorI
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TIK Your Quote """""Aly, G. “Hitler’s Beneficiaries: How the Nazis Bought the German People.” Verso, 2016. (Original German 2005).
""""""" #2 "But calculated wrong - because thought wrong
Hitler's regime has bought the loyalty of Germans by bringing Jews
and conquered lands plundered? Götz Aly defended this thesis
yesterday. Wrong, as our author Adam Tooze shows"
My criticism of Götz Aly's book "Hitler's People's State" is clear: he has
was grossly underestimated for the Germans because he exclusively owned the
Taxes and the services financed through bonds.
which does not count as war costs. Aly fails in his yesterday's review
plik (taz, 15. 3. 05) the central meaning of this question.
What my criticism is about is not, as he puts it, the book-keeping
question how spending and revenue are allocated. What it is
is the classic economic question: how are the costs of
Wars and social benefits? To be clear: Aly is wrong - because he thinks wrong. He believes
Obviously, government loans just become a burden if you can
she has to pay back. This is evident from his replica, which states
"The loans taken up for the war on the German capital market"
"Delayed" the real burden on the German population with the aim of
to impose these debts on enslaved peoples as soon as possible ". The
Thus, according to Aly, receiving the loan itself did not mean any for the Germans
"Real encumbrance", first the eradication, which then devolves on the occupied territories.
should be rolled.
This thought, however, that with credit the burdens of war
"Delaying" is Aly's fundamental error of reasoning. Let's leave Hitler's fi-
Finance Minister Schwerin von Krosigk, who, as Aly knows, quite on
the amount of discussion was:
"The often argued argument that at present the tax, at
Debt the future bears the burden is wrong. The goods needs of the fighting
the army can only from accumulated supplies (of the past) or
newly produced goods (the present) are satisfied. The load can
not be shifted to the future. "
Alys assumption that the "real burden" of the German population could be
"Delay", not even shared by Krosigk. At full employment, the latest
since 1938 in Germany, every additional state
no matter how funded, it can be used directly at the expense of the private sector
ty. In the popular jargon of economists, that means "dislocation".
"or crowding out https://adamtooze.com/app/uploads/2017/01/Doch-falsch-gerechnet-%E2%80%93-weil-falsch-gedacht-taz.pdf
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