"It stands, essentially, for the application of increased energy to the efforts already undertaken by my ministry since 1934 with the results shown in the above statistics"
About this Quote
The subtext is where it bites. By anchoring everything to “statistics,” Schacht invites the listener to treat outcomes as self-authenticating, as if numbers can substitute for scrutiny of means and ends. “Energy” becomes a euphemism for escalation; “application” suggests rational management rather than political choice. Even the word “essentially” performs a trick: it narrows the debate to technique, quietly implying that the direction is settled and only the tempo is up for discussion.
Context matters because Schacht wasn’t just any economist. As a key financial architect of early Nazi economic policy, he helped engineer recovery optics and rearmament-compatible growth while presenting himself as a sober professional. In the mid-1930s, Germany’s economic “results” were inseparable from militarization, coercion, and the regime’s tightening grip. The quote works because it offers a comforting alibi: if progress can be graphed, responsibility can be outsourced to the spreadsheet. That’s the seduction of technocracy in dark times - competence as camouflage.
Quote Details
| Topic | Leadership |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Schacht, Hjalmar. (2026, January 17). It stands, essentially, for the application of increased energy to the efforts already undertaken by my ministry since 1934 with the results shown in the above statistics. FixQuotes. https://fixquotes.com/quotes/it-stands-essentially-for-the-application-of-78098/
Chicago Style
Schacht, Hjalmar. "It stands, essentially, for the application of increased energy to the efforts already undertaken by my ministry since 1934 with the results shown in the above statistics." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/it-stands-essentially-for-the-application-of-78098/.
MLA Style (9th ed.)
"It stands, essentially, for the application of increased energy to the efforts already undertaken by my ministry since 1934 with the results shown in the above statistics." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/it-stands-essentially-for-the-application-of-78098/. Accessed 5 Feb. 2026.

