"But Schacht was infinitely more reasonable than the Nazis. He was fundamentally a dynamic, changeable person. In the beginning, therefore, it was quite logical that he should be attracted by the dynamic, dramatic, short-term ideas of the Nazis. As I said, Schacht has intelligence, but is not particularly a man of principle, although I think he believes he is. But it is reasonable to assume that later on he differed with the Nazis. He was too intelligent to go along to the extremes, which they pursued in their folly."
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PrisonersEconomists from GermanyAnti-communistsPeople of Nazi GermanyGerman economics and finance ministers
Original Language: English
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Sources
Paul O. Schmidt to Leon Goldensohn (13 March 1946).
https://en.wikiquote.org/wiki/Hjalmar_Schacht
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