Dr. Hjalmar Schacht was president of the Reichsbank before Paul von Hindenburg was President of Germany. He was Adolf Hitler's Economics Minister from 1934 to 1937. As his country turned away from orthodox finance, substituting an economy of warfare for an economy of welfare, Dr. Schacht turned away from orthodox banking practice. He invented and juggled dozens of kinds of export marks to buy Germany what she needed abroad—largely for rearmament.
But while Dr. Schacht was not an orthodox banker any longer, he was still a banker. And while he juggled marks abroad, he...
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