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Hjalmar Schacht

"It has been shown that, in contrast to everything which classical national economy has hitherto taught, not the producer but the consumer is the ruling factor in economic life."

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"It has been shown that, in contrast to everything which classical national economy has hitherto taught, not the producer but the consumer is the ruling factor in economic life."

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Explore more quotes by Hjalmar Schacht

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Hjalmar Schacht
"I can assure you that everything I say and do has the complete approval of the Fuehrer and that I would not say or do anything that does not have his approval."
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Hjalmar Schacht
"Material loss can be made up through renewed labor, but the moral wrong which has been inflicted upon the conquered peoples, in the peace dictates, leaves a burning scar on the people's conscience."
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Hjalmar Schacht
"The aim and the idea of the Four Year Plan were and remain entirely correct and necessary!"
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Hjalmar Schacht
"Wherever my work may take me in the near future even if you should see me one day within the fortress - you can always count on me as your reliable assistant."
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Hjalmar Schacht
"Instead of a weak and vacillating Government, a single, purposeful, energetic personality is ruling today."
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Hjalmar Schacht
"Rules are to be initiated for the allotment of scarce raw materials etc; and their use and processing for other than war, or otherwise absolutely vital, goods is prohibited."
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Hjalmar Schacht
"The very necessity of bringing our armament up to a certain level as rapidly as possible must place in the foreground the idea of as large returns as possible in foreign exchange and therewith the greatest possible assurance of raw material supplies, through exporting."
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Hjalmar Schacht
"Since our economy is closely allied with that of foreign countries, not one of us can be indifferent to what consequences these disturbances can have at home and abroad."
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Hjalmar Schacht
"But the memory of war weighs undiminished upon the people's minds. That is because deeper than material wounds, moral wounds are smarting, inflicted by the so- called peace treaties."
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Hjalmar Schacht
"Only the closest collaborators of the Fuehrer know how difficult is the burden of this responsibility; how sorrowful are the hours during which decisions must be made which bear upon the well being and the fate of all of Germany."
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