![Nazi Germany -- A Summary of the Economic System [1878x1111 - 104KB]](https://pic8.co/sh/9aTox0.png){kind=link}
In the over 80 years since the Third Reich was at its prime, we have seen that just about the only economic metric more manipulated than the GDP is the unemployment rate, particularly in the USA.
An economy cannot be based off of those and last. Maybe if it had no Jews, and Jewish sympathizers, but Berlin had at least 800 Jews in it openly during all of WW2.
I'd also have questions about the idea that a unit of currency made today derives its value from future productivity. While it does sound like a less fake and gay version of the present-day stock market, it still sounds like a fake and gay version of the present-day stock market.
Unlike precious metals, it is also subject to wild swings in value. If productivity takes a hit then wouldn't those Germans have been right back to using Weimar wheelbarrows full of cash to buy loaves of bread?
By summary in the OP, the people were the gold.
Precious metals also change in value, but their backing is physical. You could keep grain for value.
I'm not sure that I could keep grain for value as grain is perishable.
The people being the gold does not make sense to me as gold's value comes from itself, in that it has to do nothing to be valuable. The people have to do something in order to be valuable, and if the people do less tomorrow than they did today then today's dollar is worth less tomorrow. It seems like people doing less over time would become something of an inevitability.
Also, wouldn't a covid-style lockdown completely destroy the National Socialist currency?
How about cooking oil?
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