Hjalmar Schacht

Hjalmar Schacht

Hjalmar Schacht was a German economist, banker, centre-right politician, and co-founder in 1918 of the German Democratic Party. He served as the Currency Commissioner and President of the Reichsbank under the Weimar Republic. He was never a member of the Nazi Party, but served in Adolf Hitler's government as President of the National Bank (Reichsbank) 1933–1939 and became Minister of Economics (August 1934 – November 1937).

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