Famous quote by Hjalmar Schacht

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With the aid of this credit policy, however, Germany created an armament second to none, and this armament in turn made
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"With the aid of this credit policy, however, Germany created an armament second to none, and this armament in turn made possible the results of our policy"

- Hjalmar Schacht

About this Quote

Hjalmar Schacht's quote is describing the credit policy of Germany throughout the interwar duration. This policy allowed Germany to build up its military abilities, producing a weaponry that was 2nd to none. This armament was an essential consider the success of Germany's policy, as it enabled them to accomplish their goals. The credit policy permitted Germany to fund its military accumulation, which was necessary for its success. This policy was a major factor in Germany's increase to power, as it permitted them to build up their military abilities and end up being a significant power in Europe. The credit policy was a key factor in Germany's success, as it allowed them to build up their military abilities and become a major power in Europe.

About the Author

Hjalmar Schacht This quote is written / told by Hjalmar Schacht between January 22, 1877 and June 3, 1970. He was a famous Economist from Germany. The author also have 23 other quotes.

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