No - the giant foreign loans arrived in the second half of the 20s, after Hjalmar Schacht had cured hyperinflation with the introduction of the Rentenmark. Germ

No - the giant foreign loans arrived in the second half of the 20s, after Hjalmar Schacht had cured hyperinflation with the introduction of the Rentenmark. Germany enjoyed a debt fuelled boom until the crash of Oct 29, which caused US banks to recall loans, crashing the German economy. During the boom the Nazis had been an irrelevance. In the early 30s unemployment hit 6M and Hitler became Kanzler in Jan 33, and brought Schacht back. This time Schacht created mefos to expand credit covertly and reflate the economy. Hitler wasn't hell bent on war for financial reasons. He was hell bent on war because he saw violent struggle as part of the natural order, and the means for the German people to dominate Europe and to replicate the 19th century US drive westwards by carving out a new empire in Russia.