“College courses DO NOT teach that reparations caused the Nazis.”

Let’s leave out the straw men and get on the same page, eh?

What they teach is that the extreme stress placed on the post WW1 German economy by the reparations led to extremely bad financial conditions. As you point out, hyperinflation ended in 1923. However, reparations continued to be due, and Germany continued to struggle to make payments, all the way into the early 1930’s.

Germany considered reparations to be a national humiliation. This created fertile ground for, logically enough, nationalist politics. So, if you want to make the claim that reparations did not DIRECTLY lead to Hitler’s ascent, I suppose you could get away with that, but you’re arguing nuance. Reparations = a shitty economy (first hyperinflation, then deflation, between which there were a few decent years) = national disgrace = the table set for a nationalist government.

You appear to be desperate to ignore all that and insert capitalism into the equation, and ignore the effects of reparations and the post WW1 economy on Germany’s national psyche. Fine. Obviously, the events of 1929–1932 were worldwide in their impact, but as Milton Friedman proved, the Depression was a monetary phenomenon, and not a failure of capitalism.

At any rate, the effect of reparations set the stage for the desire for a nationalist renewal. Also a fact.

Data Driven Econophile. Muslim, USA born. Been “woke” 2x: 1st, when I realized the world isn’t fair; 2nd, when I realized the “woke” people are full of shit.

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