Tiny Panda Quotes

Tiny Panda Quotes

Quotes by Hjalmar SchachtInformation Icon

Hjalmar Schacht, born on January 22, 1877, in Tönning, Germany, was a prominent economist and banker whose influence shaped the economic policies of post-World War I Germany and the rise of the Nazi regime. Serving as the president of the Reichsbank and Minister of Economics, Schacht played a pivotal role in implementing policies that revived Germany's economy during the 1920s. His legacy is complex; while credited with economic stabilization, he later fell out of favor with Hitler. Schacht's life reflects the tumultuous intersection of economics and politics in a pivotal era of history.

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"The economy is a very sensitive organism."

Hjalmar Schacht
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"But what you could perhaps do with in these days is a word of most sincere sympathy. Your movement is carried internally by so strong a truth and necessity that victory in one form or another cannot elude you for long."

Hjalmar Schacht
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