Why did Hitler hire and fire Schacht?

Hjalmar Schacht was Hitler’s banker between the years 1933 and 1939. He was also the Reichsminister of Economics between 1934 and 1937, playing a central role in financing the Third Reich’s rearmament programme in the build up to war. Schacht also helped set up the Bank of International Settlements (the BIS) in 1930. So why did Hitler hire him? And why did Hitler fire him? Let’s find out. 🔔 Subscribe for more History content: ⏲️ Videos EVERY Monday at 5pm GMT (depending on season, check for British Summer Time). The thumbnail for this video was created by Terri Young. Need graphics? Check out her website - - - - - 📚 BIBLIOGRAPHY / SOURCES 📚 Specific bibliography for this video Full list of all my sources ?