Heavy Industry and the Inflation Boom in Germany

Today we crunch some numbers on the Versailles Treaty and then get deep into heavy vs light industry - what they are, why they function differently, and then how that's reflected in their lobbying efforts. We talk about lobbying, the secret rearmament program, German heavy industry's secret political slush fund, and the Great Depression. There's some talk of coalitions in the Reichstag, and we go into the story of the Nazis party's accountant, the 1930 elections from a fundraising perspective, and the burgeoning Nazi coalition. To round it out, we talk about the Brocken, the original Witch Mountain, with its many spooky resonances, and the mass meeting of all elements of the political right that happened nearby, culminating in Dr. Schacht questioning the currency, throwing the entire political-fiscal system into chaos. Heavy on economics and magic, this episode. Check it out.

w/ Night on Bald Mountain by Modest Mussorgsky