Changes

Jump to navigation Jump to search
2 bytes removed ,  23:13, December 25, 2021
Fixed WWI spelling
Line 6: Line 6:  
[[Image:Wheelbarrow money.jpg|right|thumb|A wheelbarrow full of printed currency]]
 
[[Image:Wheelbarrow money.jpg|right|thumb|A wheelbarrow full of printed currency]]
   −
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 WWI veterans believed that the German forces in WWI 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.  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 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>

Navigation menu