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The republic was also struggling with the rejection by monarchist, who were still occupying important position in the state. Many WW I veterans believed that the German forces in WW I were not defeated, but that the social democratic leaders, who founded the Weimar republic to thwart a communist revolution, surrendered to the allies for political gains. It was know is known as the "stab-in-the-back myth", and was used to discredit the republic.<ref>German Notes: "Dolchstosslegende social mythos and propaganda to blame loss of World War I upon non-Germans and non-nationalists"[http://www.germannotes.com/hist_weimar_dolch.shtml]</ref>  

The republic was also struggling with the rejection by monarchist, who were still occupying important position in the state. Many WW I veterans believed that the German forces in WW I were not defeated, but that the social democratic leaders, who founded the Weimar republic to thwart a communist revolution, surrendered to the allies for political gains. It was know is known as the "stab-in-the-back myth", and was used to discredit the republic.<ref>German Notes: "Dolchstosslegende social mythos and propaganda to blame loss of World War I upon non-Germans and non-nationalists"[http://www.germannotes.com/hist_weimar_dolch.shtml]</ref>  

The early years were characterized by [[hyperinflation]], which was caused when the government started [[printing money]] since it was low on cash, in part due to reparation payments. The value of the German mark went from 4 to the dollar to over 1 trillion to the dollar at the peak of the inflation in 1923. Although the Weimar Republic enjoyed a time of economic resurgence after the early years of hyper-inflation it failed to gain deep public support. The Weimar Republic was famously called a '[[democracy]] without democrats'.

The early years were characterized by [[hyperinflation]], which was caused when the government started [[printing money]] since it was low on cash, in part due to reparation payments. Early on, unchecked money printing had the support of well-respected citizens who were viewed as reasonable.  Foreign Minister Walther Rathenau, who was assassinated in 1922, publicly supported the policy of printing Papiermarks to pay off the debt.  As time went on though Rathenau had a change of heart.  He said: "We are eating our own accumulated resources, the result of generations of work of our ancestors."<ref>[https://www.reuters.com/article/idUS318577709720160913 Chancellor: No hyperinflation, just Weimar malaise]</ref>

 

The value of the German mark went from 4 to the dollar to over 1 trillion to the dollar at the peak of the inflation in 1923. Although the Weimar Republic enjoyed a time of economic resurgence after the early years of hyper-inflation it failed to gain deep public support. The Weimar Republic was famously called a '[[democracy]] without democrats'.

 

==References==

==References==

[[Category:German History]]

[[Category:German History]]

[[Category:Former Countries]]

[[Category:Former Countries]]