söndag 26 januari 2014

Hjalmar Schacht

Den här Hjalmar Schacht verkar vara en intressant person som jag ska läsa mer om. Det var han som medverkade till att få fart på Tyskland efter hyperinflationen.

 “The introduction of bank-notes or Government paper currency has been made feasible only because the State or the Central Bank has promised to exchange the paper money for gold at any time. To ensure this possibility (i.e. the redemption of paper by gold) at any time must therefore be the aim of all issuers of paper currency. Any State or Central Bank who deliberately or carelessly flings away this possibility is guilty of a crime against its citizens. Were a private individual to do so he would be branded a defaulter and a cheat.”-  Horace Greeley Hjalmar Schacht (ekonomiminister på 30-talet i Tyskland)

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