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Hjalmar Schacht: The Banker of The Third Reich
Explore the unbelievable life of Hjalmar Schacht, the banker who helped lay the economic foundations of the Third Reich. Schacht first stabilized Germany's postwar economy, then devised the MEFO bills - a secret financing scheme that enabled Hitler’s massive rearmament in violation of the Treaty of Versailles. Though he later broke with Hitler and was imprisoned after the July 20 plot, Schacht survived the war and was controversially acquitted at Nuremberg. Discover the complex history of the man whose economic genius helped empower a dictator.
Watch on YouTube: https://www.youtube.com/watch?v=VMLAP8fpRVU
#timeline #history
Explore the unbelievable life of Hjalmar Schacht, the banker who helped lay the economic foundations of the Third Reich. Schacht first stabilized Germany's postwar economy, then devised the MEFO bills - a secret financing scheme that enabled Hitler’s massive rearmament in violation of the Treaty of Versailles. Though he later broke with Hitler and was imprisoned after the July 20 plot, Schacht survived the war and was controversially acquitted at Nuremberg. Discover the complex history of the man whose economic genius helped empower a dictator.
Watch on YouTube: https://www.youtube.com/watch?v=VMLAP8fpRVU
#timeline #history
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