Hjalmar Schacht
Dr. Hjalmar Horace Greeley Schacht (22 January 1877 – 3 June 1970) was a German economist, banker, liberal politician, and co-founder of the German Democratic Party. He served as the Currency Commissioner and President of the Reichsbank under the Weimar Republic. He was a fierce critic of his country's post-World War I reparation obligations.
He became a supporter of Adolf Hitler and the Nazi Party, and served in Hitler's government as President of the Reichsbank and Minister of Economics. As such, Schacht played a key role in implementing the policies attributed to Hitler.
He was forced out of the government by disagreements with Hitler and other prominent Nazis in December 1937, and had no role during World War II. He became a fringe member of the German Resistance to Hitler and was imprisoned by the Nazis after the 20 July plot. After the war, he was tried at Nuremberg and acquitted.
In 1953, he founded a private banking house in Dusseldorf. He also advised developing countries on economic development.
Read more about Hjalmar Schacht: Education and Rise To President of The Reichsbank, Involvement With The Third Reich Government, Resistance Activities, After The War, Works, Miscellany, Portrayal in Popular Culture
Famous quotes containing the word hjalmar:
“Come Vitus, are we men, or are we children? Of what use are all these melodramatic gestures? You say your soul was killed, and that you have been dead all these years. And what of me? Did we not both die here in Marmaros fifteen years ago? Are we any the less victims of the war than those whose bodies were torn asunder? Are we not both the living dead?”
—Peter Ruric, and Edgar G. Ulmer. Hjalmar Poelzig (Boris Karloff)