The Consolidation of the Weimar Regime, 1920–1929
As of 1920 Germany had attained a kind of outward stability: the newly formed government was at work, and it had to accept a severely diminished role for Germany in European affairs. Internally, however, dissatisfaction and disruption were seldom absent. Democracy and its servants were hostages to activism; between 1919 and 1922 nearly four hundred men were assassinated, mostly by right-wing elements. Others were killed fighting in the Free Corps and various ideological bands or became victims of those paramilitary groups in German cities or frontiers of friction with the Slavic world. Antirepublicanism thrived in this intimidating atmosphere. More immediately, every German was frightened and dismayed by the vast and apparently uncontrollable inflation. Material and moral values decayed in the face of speculation and corruption. Though internal stability returned by 1925, these disruptive political and economic experiences left their mark in continuing psychological insecurity.
KeywordsSaving Account Foreign Minister Social Democratic Party Weimar Republic Currency Devaluation
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