"Germany stays and falls with the success of the policy of Hitler"
About this Quote
Schacht, as an economist and key early architect of Nazi financial stabilization, had every incentive to sell inevitability. In the early 1930s, Germany was traumatized by inflation, unemployment, and political paralysis. Linking national recovery to Hitler's success functioned as a public-pressure device: criticism becomes not dissent but sabotage. If Germany's very existence is conditional on the regime's performance, then opposition is tantamount to rooting for national ruin. That's the subtextual cudgel.
The irony is how the sentence also reads like a warning from inside the machine. By making Germany hostage to a single policy line, it admits the fragility of the project. It reveals the bargain technocrats often make with authoritarianism: trade moral independence for the promise of stability, then describe that trade as patriotic realism. Schacht's later attempts to distance himself from the regime only sharpen the retrospective sting. He isn't just diagnosing a political moment; he's helping to cement it, word by word.
Quote Details
| Topic | War |
|---|---|
| Source | Help us find the source |
| Cite | Cite this Quote |
Citation Formats
APA Style (7th ed.)
Schacht, Hjalmar. (n.d.). Germany stays and falls with the success of the policy of Hitler. FixQuotes. https://fixquotes.com/quotes/germany-stays-and-falls-with-the-success-of-the-73719/
Chicago Style
Schacht, Hjalmar. "Germany stays and falls with the success of the policy of Hitler." FixQuotes. Accessed February 3, 2026. https://fixquotes.com/quotes/germany-stays-and-falls-with-the-success-of-the-73719/.
MLA Style (9th ed.)
"Germany stays and falls with the success of the policy of Hitler." FixQuotes, https://fixquotes.com/quotes/germany-stays-and-falls-with-the-success-of-the-73719/. Accessed 3 Feb. 2026.

