Covid-19 and politics.
On Tue, 28 Jul 2020 18:08:17 -0700, John B. Slocomb wrote:
Well, to be a bit pedantic there was very good reasons for the German
people to support the NAZI party in the early days.
In 1930 unemployment in Germany was extreme, some writers estimate over
30%. The mark had depreciated in value from 8.9 to the U.S.$ to 4.2
Trillion to the dollar.
The NAZI's took over in 1933 and by 1937 the Real GDP had increased
50%., the Mark was 2.48 to the dollar and unemployment had dropped from
6 million to 1 million.
Was that 'Keynesian economics' at work where GovCo stimulates the economy
by building infrastructure like autobahns, railways, army and navy etc?
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