Hjalmar Schacht
Economist and banker, Reichsbank president

Born
1877
148 years ago
Died
June 3rd, 1970
54 years ago — 93 years old
Category
Thinkers & Philosophers
Country
Germany
Links & References
An economist and banker associated with Germany, played a significant role in the economic policies of the Weimar Republic and during the Nazi regime. Served as the president of the Reichsbank from 1923 to 1930 and again from 1933 to 1939. Instrumental in the economic recovery of Germany in the 1920s, implementing policies that reduced hyperinflation. Contributed to the establishment of the German Labor Front after the elimination of trade unions. Involved in several economic negotiations and agreements leading up to and during World War II, including managing relations with foreign investors.
Presided over the Reichsbank
Implemented policies to combat hyperinflation
Negotiated economic agreements during the Nazi regime
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