Feliks Młynarski

Feliks Młynarski (20 November 1884 – 13 April 1972) was a Polish banker, philosopher and economist.

Feliks Młynarski was born to Jan Młynarski, a school teacher, and Honorate née Jędrzejowska. He attended a gymnasium in Jarosław, but because of his involvement in organizing meetings in favor of Polish independence, he was expelled by the Austrian authorities, and had to finish his secondary education at a school in Sanok, in 1903.

Młynarski finished the Jagiellonian University in Poland. As a youth, he was active in the endecja movement, but broke ranks with it prior to World War I due to its leader Roman Dmowski's pro-Russian orientation. In 1914 he joined Polish Legions, and spent some time in the United States recruiting members for the Legions from among the American Polonia.

After the war he joined the newly formed government of the Second Polish Republic. In the years 1921–1923 he directed the Emigration Office. From 1923 he was employed at the Ministry of Finance, and the following year he became the director of the Currency Department of the Ministry. He took part in the Grabski Monetary Reform of 1924, which ended hyperinflation in interwar Poland and was a co-creator of the (second) Bank of Poland for which he served as vice-president between September 1924 and September 1924. In the years 1925–1927 he helped negotiated several economic agreements between Poland and the United States. He fell out of favor with the sanacja government of Józef Piłsudski and resigned from governmental positions in 1929. In the 1930s he taught at the Warsaw Trade Academy, and consulted for the League of Nations on currency issues.

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