Hjalmar Schacht was a German economist, banker, centre-right politician, and co-founder in 1918 of the German Democratic Party. He served as the Currency Commissioner and President of the Reichsbank under the Weimar Republic. He was a fierce critic of his country's post-World War I reparations obligations.
He served in Adolf Hitler's government as President of the Central Bank (Reichsbank) 1933–1939 and as Minister of Economics (August 1934 – November 1937).
While Schacht was for a time feted for his role in the German "economic miracle", he opposed elements of Hitler's policy of German re-armament insofar as it violated the Treaty of Versailles and (in his view) disrupted the German economy. His views in this regard led Schacht to clash with Hitler and most notably with Hermann Göring. He resigned as President of the Reichsbank in January 1939. He remained as a Minister-without-portfolio, and received the same salary, until he left the government in January 1943.In 1944, Schacht was arrested by the Gestapo following the assassination attempt on Hitler on 20 July 1944 because he allegedly had contact with the assassins. Subsequently, he was interned in the concentration camps Ravensbrück and later at Flossenbürg. In the final days of the war, he was one of the 139 special and clan prisoners who were transported by the SS from Dachau to South Tyrol. This location is within the area named by Himmler the "Alpine Fortress", and it is speculated that the purpose of the prisoner transport was with the intent of holding hostages. They were freed in Niederdorf, South Tyrol, in Italy, on 30 April 1945.Schacht was tried at Nuremberg, but was fully acquitted despite Soviet objections; later on, a German denazification tribunal sentenced him to eight years' hard labor, which was also overturned on appeal.
In 1955, he founded a private banking house in Düsseldorf. He also advised developing countries on economic development.
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Some of their strengths
Hjalmar Schacht has many admirable traits.
Based on spiritual traditions from around the world, they are someone who can be described as Energetic, Intellectual, Independent, Analytical, Innovative, Brave, and Honest.
Idealistic and Altruistic
According to Mysticism’s Astrology tradition, Hjalmar Schacht is someone who is an idealist and an altruist who possesses an innovative, intellectual, and analytical mind, and who approaches life in an optimistic and easygoing manner. A person who defines themself by their friends and what groups they belong to.
Soulful and Intuitive
Based on Daoism’s Ba-Zi or ‘Chinese Zodiac’ tradition, people who know Hjalmar Schacht well know them as someone who can be graceful, romantic, and reserved, like gentle rain.
Active and Ambitious
According to Hinduism’s Jyotisha or ‘Vedic Astrology’ tradition, many would also describe Hjalmar Schacht as someone who is active, ambitious, bold, and courageous.
A person who is driven and organized, is wise with money, who knows how to tell a good story, likes physical activity, and who loves learning.
Vigorous and Friendly
Based on the Mayan Tzolk’in or ‘Mayan Astrology’ tradition, Hjalmar Schacht is someone who has a vigor and energy that applies itself to all life's activities and endeavors, and a knack for forming family-like structures, groups, and communities.
They are also someone who is creative, expressive, and insightful, and who has a pioneering spirit with self-determination and natural artistic expression.
Altruistic and Innovative
According to Judaism’s Kabbalah tradition, Hjalmar Schacht tends to be someone who sacrifices things for the good of others and wants to do "good" in the world. Who is often thought of as an innovator or rebel who thrives when trying to chase a breakthrough of some sort, who has a clear and sound mind, and who can be charming and sociable.
Some of Hjalmar Schacht's challenges
While Hjalmar Schacht has many strengths, nobody is perfect. They also have some challenging traits they need to manage.
For example, Hjalmar Schacht can be Impulsive, Short-tempered, Sensitive, Rebellious, Emotionally Distant, Aggressive, and Irritable.
Rebellious and Emotionally Distant
One of Hjalmar Schacht's key challenges is that they are someone who can be rebellious and emotionally distant.
Hjalmar Schacht must also exercise caution as they can have a hard time reconciling wants and needs.
Impulsive and Aggressive
Hjalmar Schacht is someone who can be impulsive, aggressive, and confrontational, can have difficulty listening to others, be moody and high strung, have conflict with authority figures, be too judgmental of others, and who can be overindulgent and extravagant.
Serious and Callous
Finally, Hjalmar Schacht also can be too giving, come across as too "high and mighty", and can have a hard time expressing feelings.
