The Nazi
regime never attempted to convince the general
populace to buy long-term war bonds as had been done during the
First World War.[27]
The Reich government did not want to present any perceived form of
public referendum on the war, which would be the indirect result if
a bond drive did poorly.[28]
Rather, the regime financed its war efforts by borrowing directly
from financial institutions, using short-term war bonds as
collateral.[27]
German bankers, with no demonstration of resistance, agreed to
taken state bonds into their portfolios.[27]
Financial institutions transferred their monies to the Finance
Department in exchange for promissory notes. Through this strategy,
40 million bank and investment accounts were quietly converted into
war bonds, providing the Reich government with a continuous supply
of money.[29]
Likewise, German bank commissioners compelled occupied
Czechoslovakia to buy up German war bonds. By the end of the war,
German war bonds accounted for 70 percent of investments held by
Czechoslovakian
banks.[29]
http://en.wikipedia.org/wiki/War_bond
