Stresemann Controlling Inflation Was the Main Reason Behind the Success of the Weimar Republic in 1923-1928. Do You Agree?

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Stresemann controlling inflation was the main reason behind the success of the Weimar republic in 1923-1928. Do you agree? These actions taken out by Stresemann for controlling of Inflation between the years 1923 up until 1928 were indeed the main reason behind the Weimar republics success. This is enforced by Stresemann putting such things in place like the Dawes Plan, Introduction of new currency, French troops leaving the Ruhr, foreign affairs and economic growth. In the year 1924 one of Stresemann’s aims as Foreign Minister of Germany was to get the country back on its feet financially so that it would be possible to keep up with the set negotiations by the Treaty of Versailles. Being that when the Weimar Government signed the Treaty they agreed to pay reparation to all of the allied countries at a cost of £6.6 Billion, this proved to be very hard for German economy to keep up with after the First World War. Stresemann helped Germany at this point by adding reforms to the country such as the Dawes Plan; this was an agreement made between he and American banker Charles G. Dawes had made that stated that the Ruhr area was to be evacuated by Allied occupation troops, the Reichsbank would be reorganized under Allied supervision, and sources for the reparation money would include transportation, excise, and custom taxes. This ended the hyperinflation and also gave Germany longer to pay reparations. Stresemann was also able to make the agreement with the USA that America would be lending Germany 800 million gold marks, which kick-started the German economy. Another reason behind the success of the Weimar republic’s success during these years was Stresemann’s changing of the currency. To relieve Germany of its Debts Stresemann called in all the old, worthless marks and burned them, replacing them with a new currency called the Rentenmark (Worth 3,000 million old
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