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Hjalmar Schacht (born Horace Greeley Hjalmar Schacht; 22 January 1877 – 3 June 1970, German pronunciation: [ˈjalmaʁ ˈʃaxt]) was a German economist, banker, politician, and co-founder of the German Democratic Party. He served as the Currency Commissioner and President of the Reichsbank under the Weimar Republic.
- Cordula Schacht
- Munich Ostfriedhof
- Banker, economist
- Hermann Göring
Apr 5, 2024 · Hjalmar Schacht was a German banker and financial expert who achieved international renown by halting the ruinous inflation that threatened the existence of the Weimar Republic in 1922–23. He also served as minister of economics (1934–37) in the National Socialist government of Adolf Hitler.
Hjalmar Schacht (1877–1970) was Minister of Economics and General Plenipotentiary for the War Economy until 1937 and Reichsbank (national bank) president until 1939. Superceded by Hermann Göring in economic affairs, he remained as Minister without Portfolio until 1943.
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May 1, 2019 · Unemployment had been dramatically reduced and the economy was well into its recovery under the leadership of Minister of Economics, Hjalmar Schacht. The Nazis had also consolidated their power. Having achieved economic stability, Hitler could now push for one of his key ideological goals – Lebensraum , or living space for the German people ...
The evidence establishes that Schacht actively supported Hitler's accession to power; that he was the chief architect of the financial plans and devices which made possible the huge program of rearmament in Germany; that he played a dominant role in the economic planning of, and preparation for, wars of aggression; and that he contributed his ef...
Jun 8, 2018 · The German economist and banker Hjalmar Horace Greeley Schacht (1877-1970), widely admired and hated as Germany's "financial wizard," played a vital role in his country's economic recoveries after the inflation of 1923 and in the Hitler years.
(1877 - 1970) Dr. Hjalmar Schach was a German financial expert and politician. After receiving his doctorate in economics, Schacht was employed by the Dresdner Bank, where he became deputy director in 1908. From 1916 to 1923 he served as director of the private National Bank for Germany.
