How did the banker "Hitler" get out of Iran? The story of Yalmar Schacht

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Deep Podcast

Published on Oct 27, 2023
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Optional support of Deep Podcast: / deeppodcastiran Instagram: / deep.podcast Telegram Channel: Https://www.telegram.me/deeppodcast Music by: https://www.youtube.com/@ScottBuckley... Scott Buckley Jalmar Schacht was born on January 22, 1887 in the city of Tinglev in the Prussian German Empire, this city is located in Denmark today. His family was very rich and his parents had lived in America for some time. Even the name chosen for Yalmar Schacht was an American name, but the grandmother of the family disagreed with this name and said that her grandson's name must be Danish, that's why his name was Yalmar Schacht. Schacht completed his primary education in Hamburg and then went to university. Schacht studied various sciences from medicine to politics and economics at the universities of Munich, Berlin, Leipzig and Paris. In 1899, Schacht successfully defended his doctoral thesis with the title (Trade Balance Policy) of the country. In 1903, he worked at the Dresdner Bank in Germany, and two years later, he made a trip to the United States of America. In America, he met with high-ranking managers. He was even able to see the famous American banker (JP Morgan) and had a meeting with the then American president (Theodore Roosevelt). Between 1908 and 1915, he became the vice president of Dresdner Bank. Germany's Dresden Bank later became the most important economic center of the Third Reich and the plans of the Nazi Party due to Schacht's influence. The Dresdner Bank was one of the favorite organizations of SS commander Heinrich Himmler, and the same bank had a significant participation in the confiscation of Jewish property by Nazi Germany. The bank helped finance concentration camps, including Auschwitz. During World War I, Schacht was a bank commissioner in German-occupied Belgium. Schacht financed the purchases of the German government in Belgium. But this post and position did not last long, and Shacht was fired from his job due to a financial scandal. At the same time, it was revealed that Yalmar Schacht had transferred nearly 500 million francs of loan documents in Dresdner Bank to Belgium, and this had been done illegally. Because of these actions, Shakht was dismissed from all government positions, he went into government jobs on the run, he even returned to Dresdner Bank for a while, but none of these were considered important positions. Gradually, as we approach the years leading up to the war, Schacht's differences with Hitler and his policies become more colorful, and his opposition to the actions of the Nazi Party can be clearly seen. Perhaps Schacht's first confrontation with the actions of the Nazi Party dates back to 1935, when he opposed the government's racial discrimination in the Nazi Party newspaper Der Stumer and condemned the government in harsh statements. Schacht's second public opposition to Hitler dates back to the economic crisis of 1935 and 1936, when Germany also suffered an economic crisis due to severe economic recession in other countries of the world. During this time, Schacht asked Hitler to reduce military spending and the government should not interfere much in the economy. Schacht told Hitler to stop autocratic policies. According to historians, Schacht fell in with a faction headed by Hermann Göring, Herman Göring was a serious opponent of the free market, and Hitler rejected Schacht's views. On October 18, 1936, Goering was placed on the opposite side of Yalmar Schacht as Plenipotentiary for the Four Year Plan. Shakht was against increasing the military budget because he believed that this would increase inflation. In November 1937, he resigned from the position of Minister of Economy and Plenipotentiary at his own request and also on the advice of Hermann Göring. Schacht believed that Germany would soon go bankrupt and was extremely nervous as to why he was faced with Hermann Goeringi, who has no knowledge of economic issues. On the other hand, Hitler did not like Schacht to distance himself from the government, so until 1939, Schacht was the head of the Reich Bank of Germany, after which he was fired by Hitler. In November 1938, the event (Night of Broken Glass) happened and members of the Nazi party attacked Jewish synagogues, Schacht publicly declared his disgust for this event. He angrily told Hitler that if you want to get rid of the Jews, you should think differently. When Hitler came to power, a very deep bond was formed between Tehran and Berlin. Dr. Schacht traveled to Iran on November 20, 1314 by Hitler's direct order, an agreement was signed between the two countries, according to which Iran imports technical and engineering know-how and industrial equipment from Germany in return for the export of raw materials. Also, in this trip, with the investigations he had done, Shakht gave several tax, customs and industrialization plans to the government of Reza Shah. But this trip was not the only presence of Shacht in Iran, 1

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