"The aim and the idea of the Four Year Plan were and remain entirely correct and necessary!"
- Hjalmar Schacht
About this Quote
Hjalmar Schacht, the German economic expert as well as politician, was describing the Four Year Plan that was presented in Germany in 1936. This Plan aimed to make Germany self-sufficient in regards to its raw materials as well as manufacturing needs, as it was fighting with the financial fallout from the Great Depression as well as enforced trade restrictions. Schacht thought that the Plan was critical for Germany's survival and lasting economic growth. Despite the Nazi program's abuse as well as exploitation of the Plan to advance their militaristic purposes, Schacht kept that the initial intent was proper and needed for the country's success. His statement suggests a protection of his financial plans and also a splitting up of them from the atrocities dedicated by the Nazi party.
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