“They called for ‘more stimulus,’ more debt, more credit, more spending, and more stuff. But more is not always the right answer. There are times when less is better. One of those times was in the mid-1930s…when Germany faced a critical decision. More? Or less? Adam Tooze, a British historian, has written a marvelous book on the Nazi economy, The Wages of Destruction. He shows that, far from illustrating the success of intelligent central planning, the German economy of the Third Reich was a disaster.”
http://dailyreckoning.com/too-much-of-a-good-thing-continued/
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