Also, it's just if the average student has understood that it is Schacht who had put an end to the German hyperinflation prevailing in the early 1920s and following the global economic crisis of 1929, it had eliminated unemployment thanks to a policy of public works, while simultaneously France plunged into crisis by applying a restrictive economic policy.
On such a sensitive issue, touching on history, economics, politics, ethics, and inevitably impacted by the feelings and opinions, the identity of the author of this essay is not trivial. Jean-François Bouchard was a senior executive of the Bank of France to prepare the banking union with the European Central Bank. That does not automatically an agent of international financial speculation. In fact, Bouchard professes a critical attitude vis-à-vis the status and therefore the tasks of the ECB; he has already written a first book early 2014 Illegal Emperor of Europe - Survey below the ECB.
Obviously Hjalmar Schacht (pronounced Hialmar Charter) was a true man of action, interventionist in the economic field, very bright, capable of transgressing all conformism to achieve success.
Read this book to understand why JF Bouchard is so interested in Schacht always a parallel is drawn between the solutions applied by Schacht between the two world wars in Germany, and the policies pursued today, particularly in France. We learn in passing that Schacht was convinced that the payment of the 1918 war debt was leading his country to disaster, had contrived to not pay anything; Today Europe including Germany demands that Greece repay its own debt ... One wonders what Schacht undertake in the early 21st century!
The book is not without weaknesses:
- In the introduction to each chapter, the author Schacht speak in the first person. This suggests that these extracts from memoirs published by Schacht, but you soon realize that it is not. For me it is a mistake;
- There is also a tendency to repeat certain information and points of view. This reveals a lack of rigor in the construction of the text, probably written and published too hastily.
This test JF Bouchard, who is not a real history book with all the rigor that this implies, not only a book thesis is at best three stars. I, however, awards four, given the interest of the subject, and the lack of a true reference book.
