In 1933 Hitler appointed Hjalmar Schacht as the president of the Reichsbank. Hitler had little understanding about economics and relied on the financial engineering of his new chief banker. However, the problems of the German economy persisted even through the period of rearmament.If you enjoyed today’s podcast and would like to join in the debate or learn more, visit us on the Explaining History Podcast Facebook group here. Explaining History helps you understand the 20th Century through critical conversations and expert interviews. We connect the past to the present. If you enjoy the show, please subscribe and share.▸ Support the Show & Get Exclusive ContentBecome a Patron: patreon.com/explaininghistory▸ Join the Community & Continue the ConversationFacebook Group: facebook.com/groups/ExplainingHistoryPodcastSubstack: theexplaininghistorypodcast.substack.com▸ Read Articles & Go DeeperWebsite: explaininghistory.org Hosted on Acast. See acast.com/privacy for more information.