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This ambitious pan-European overview explores the most significant causal factors, political developments, and societal forces that contributed to the perpetration of the Holocaust. Drawing on wide-ranging current scholarly expertise, this volume seeks to explain the genocidal scope and European dimensions of the crimes committed by Nazi Germany and its allies, collaborators, and facilitators across the continent during the war. It broadens the range of Holocaust research beyond the German initiators and organizers, however central these remain. Contributions look beyond simple or monocausal explanations in terms of, for example, Hitler's role or ideological antisemitism. Combining in-depth studies of specific locations and developments with overviews of thematic issues and wider questions, the second volume of the Cambridge History of the Holocaust offers concise analyses of the complex developments, varied interests, and interrelated events that were rooted in previous history and continue to influence the present within and beyond Europe. Cumulatively, this book presents a complex, multifaceted approach to understanding the uneven unfolding and escalation of the Holocaust.
Chapter four argues that the shadows of the Reichsbank and National Socialism troubled the Bundesbank well into the 1960s. This was in large part because of the central bank’s president, Blessing. After years of using the president’s inter-war record as a source of credibility, the central bank began to see these historical narratives being challenged. Chapter four examines three case studies that centred on Blessing’s questionable past. The chapter documents the re-emergence in the public sphere of Schacht, Blessing’s mentor during the Reichsbank years. The former Reichsbank president used his notoriety to popularise the term ‘third inflation,’ while accusing Blessing of having a role to play in the second one. In 1965, too, news reports emerged in West Germany of the central banker’s past membership in Himmler’s Freundeskreis. These revelations forced the central bank to intervene covertly in the public sphere, with the aim of killing these stories as quickly as possible. These accusations, and the Bundesbank’s difficulty in addressing them, highlight how the legacy of the inter-war era continued to trouble the West German central bank even two decades after the end of the war.
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