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To: pogohere who wrote (90606)11/20/2008 4:16:58 AM
From: critical_mass  Read Replies (1) | Respond to of 116555
 
Where did the money come from to build infrastructure projects in Germany during the late 1920s?

Germany was able to keep borrowing from the US with no impact to the strength of the new currency because the Dawes Plan put a floor under the new German currency.

Jobs, investment and capital were not created out of thin by Schacht. If they were, then perhaps he was the most talented CB of the 20th century.