German central bank in Nazi era will be ‘special focus’ of independent study

Bundesbank funds research into twentieth century German central banks

Hjalmar Schacht
Hjalmar Schacht, president of the Reichsbank during the Nazi era
Library of Congress

The Deutsche Bundesbank is funding an “extensive” research project into the history of German central banking in the twentieth century, it announced in a statement on November 3.

The project will look at the history of German central banking from 1923 until 1969. “A special focus of the study will be the functioning of the Reichsbank during the Nazi regime,” the Bundesbank says.

The Reichsbank was the German central bank from 1876, soon after the country was reunified, until 1945, when

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