A Blog dedicated to History

Tuesday, April 8, 2008

Hjalmar Schacht



Dr. Hjalmar Horace Greeley Schacht was the Currency Commissioner and President of the Reichsbank under the Weimar Republic, and President of the Reichsbank under the Nazi regime between 1933 and 1939. Schacht was one of the primary drivers of Germany's policy of redevelopment, reindustrialization and rearmament, and was a fierce critic of his country's post-World War I reparation obligations. Released from effective service to the Nazi government in 1939, Schacht ended World War II in a concentration camp, and was tried and acquitted at Nuremberg for his role in Germany's war economy.

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