And this thesis is somewhat connected with general social and political observations, because it establishes the fact that the number of consumers is considerably larger than the number of producers, a fact which exercises a not inconsiderable social and political pressure.
More Quotes from Hjalmar Schacht:
Germany can generally only pay if the Corridor and Upper Silesia will be handed back to Germany from Polish possession, and if besides somewhere on the earth colonial territory will be made available to Germany.Hjalmar Schacht
After the many rumours that we had heard about Hitler and the published criticisms we had read about him, we were pleasantly impressed. His appearance was neither pretentious nor affected.
Hjalmar Schacht
Allied supplies of arms to Russia, and the manpower reserves of Russia have been sufficient to bring continuous counter-attacks against our Eastern Front.
Hjalmar Schacht
The economy is a very sensitive organism.
Hjalmar Schacht
But the memory of war weighs undiminished upon the people's minds. That is because deeper than material wounds, moral wounds are smarting, inflicted by the so- called peace treaties.
Hjalmar Schacht
The Versailles Dictate cannot be an eternal document, because not only its economic, but also its spiritual and moral premises are wrong.
Hjalmar Schacht
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