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Needless to say, as the guarantor of Anglo-American interests and the representative of the German elite in Dawes's plan, he became the governor of the Bundesbank, and then stabilized the German economy by successfully stabilizing the mark, and a few years later allowed the German economy to surpass Britain and France again and become the first economic power in Europe.

This resume alone has made him one of the world's financial giants, along with the chairman of the Federal Reserve, the president of the Bank of France, the president of the Bank of England, and become one of the big four in the banking world.

But after the outbreak of the economic crisis, he quickly fell out with the German government, to be precise, he was dissatisfied with the German government's concessions to Britain and the United States, 28 years of the German economy has actually been unable to play, by borrowing from Britain and the United States to support economic development, but also to repay huge reparations The economic chain has reached the limit, the German government is once again financially tight, but this time they dare not delay the repayment as last time, so they turned to Britain and the United States for help, hoping to get a larger loan.

Germany made more promises, using tariffs and many other revenues as collateral, which was tantamount to giving Britain and the United States control Germany's finances, which was difficult for Schacht to accept, because he never agreed, and as a result, the government ignored his opinion and signed the Young plan after the Dawes Plan with Britain and the United States.

Schacht resigned in anger and wrote a public letter to the American banker Morgan, which was published in a New York newspaper, in which he threatened Morgan and told Morgan that if they pressed Germany so much, Germany would not repay them a penny of the loan.

Schacht's performance in the second secondary school is very appealing to the American appetite of the second second, and the image of bankers in the United States is not good, especially in the intellectual circles with rich conscience, so after his resignation, Schacht was immediately invited by many universities in the United States to give a lecture at American universities as a well-known economic expert.

But all this is just a façade, and when he arrived in the United States, Schacht met again with the American consortium, and he again had the support of the consortium.

After the economic crisis. The Nazi Party was unstoppable, and Schacht took note of it. When he was on his way to the United States, he saw Adolf's book My Struggle, which he scorned at at the time, and dismissed the man's writing as an insult to the German language. But Adolf's hysterical nationalism was quite much to Schacht's appetite.

So after the United States conspired with the consortium, Schacht once again returned to China on behalf of the consortium to support the Nazi Party.

Schacht did not hide his views, when reporters asked him if he planned to enter politics with the help of the Nazi Party, and asked if he had come back to run for president, albeit by maintaining the Mark. Schacht had earned enough prestige, and in times of great crisis, there was indeed some hope of competing with the war hero Hindenburg.

But Schacht calmly said that he would not rule, but that he would rule through the Nazis.

Obviously, Schacht, a banker, thinks he understands politics and thinks he can control the Nazis with money, but he doesn't know enough about the Nazis, an organization from the middle and lower levels, and the Nazis don't take the rules set by the upper echelons seriously, and of course the Nazis welcome the support of the Anglo-American consortium behind Schacht.

So the two sides hit it off. Schacht paid for it, Adolf paid for it, and finally pushed the Nazis to the forefront.

Schacht once again became the head of the Bundesbank, learning from the experience of the last time the mark collapsed, and the Deutsche mark did not collapse this time because the government tightened the monetary system and did not start the printing press.

However, the crisis was aggravated by the tightening of monetary policy, which led to insufficient market liquidity.

Schacht's approach to economics is actually very simple, and it is still the same as that used by international bankers. The problem of money is solved with money.

Just like the last time he solved the problem of hyperinflation in the Deutschmark, he borrowed more than $20 billion with the help of the Dawes plan.

As a banker, he neither thought of nor disdained the use of political force. He thought it was too crude, too low.

Of course, in addition to money, he also showed the shrewdness of an unorthodox banker who was able to persuade the Americans to keep the loans in Germany, even though the American economy was in deep crisis, and he never withdrew German investments until Hoover stepped down. It's not even a short-term financing or two to Germany.

With Shacht's shrewdness, of course, he will not make a loss-making deal, he does business to see cash.

This time, he's here to ask for interest.

What interest is it for?

Of course, it is the interest of Rommel's group, Adolf sent more than one Rommel, more important than Rommel's high-level, Adolf almost transferred tens of thousands of German officer teams, all of them are junior officers in the reserve, but they can be trained as the backbone.

Unlike Britain and France, most of the British and French soldiers were ordinary soldiers, most of whom were young people, and most of them had no combat experience, so the German officers solved Yang Chao's urgent need, under the command of Rommel, the German officers quickly completed the formation of the army, and carried out a brief training, and now the Fourth Army can follow the tank attack without confusion, all because of the excellent quality of this group of officers.

has helped so much, Shacht's kind of goods, that must be paid a little.

Schacht introduced to Yang Chao the Nazi government's determination to reform the economy, and described the prospects of the German economy as bright, and his purpose was to hope that Yang Chao would invest in the German economy as vigorously as American capitalists did.

As a banker, it represents the economic order of free trade, so all countries where the bankers have an advantage are extremely keen on free trade and free investment, such as the United Kingdom and the Nordic countries.

All countries controlled by industrial giants hope that other countries will open up their markets on the one hand, and insist on high tariffs at home on the other hand, and Germany and the United States are typical examples.

Yang Chao smiled and politely declined, saying that the current economic situation in China is very tense, and he cannot allocate too much money to invest abroad.

Schacht regretted it, and then proposed to be able to borrow 1 billion gold dollars, as the only gold standard currency at present, the gold dollar is becoming more and more popular in Europe, with the support of 20,000 tons of gold, there is no need to worry about credit problems, and the dollar has firmly suppressed the pound sterling.

However, Yang Chao refused, saying that under the current circumstances, China could not provide financial support to any country.

Schacht was already a little displeased, and finally said: "Mr. Rockefeller wants me to convey to you that he is more than willing to give China oil at a lower price than Britain if China is willing to establish trade relations with the United States." ”

Well, Schacht's profundity not only stands with the German government, but also with the American consortium, as the Rockefeller consortium that has just knocked the Morgan consortium down, and now it is the actual controller of the United States, and the attitude of the Rockefeller consortium, that is, the attitude of the US government, is the attitude of Roosevelt.

The attitude of the United States needs to be taken seriously.

Yang Chao nodded: "If the Americans are willing, our country is also very willing to establish communication with the United States, but the basis for establishing trade relations is to establish diplomatic relations." (To be continued.) )