Reading time:

1–2 minutes

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.If you enjoyed today’s podcast and would like to join in the debate or learn more, visit us on the Explaining History Podcast Facebook group here. Explaining History helps you understand the 20th Century through critic

If this was useful, there’s more where it came from.

Every week I publish one piece connecting a current event to its historical roots — free, every Tuesday. Paid subscribers get two additional deeper dives and full archive access.

Subscribe to Explaining History →

Discover more from Explaining History Podcast

Subscribe now to keep reading and get access to the full archive.

Continue reading