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Explaining History

Explaining History

History

Hitler and Hjalmar Schacht

Hitler and Hjalmar Schacht

2018-02-19
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In 1933 Hitler appointed Hjalmar Schacht as the president of the Reichsbank. Hitler had little understanding about economics and relied on the financial engineering of his new chief banker. However, the problems of the German economy persisted even through the period of rearmament.


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