While there he witnessed the attempted Kapp Putsch against the Weimar government.
On May 12, 1920, however, the Weimar government passed the "Lichtspielgesetz" (Cinema Act).
It is a complex allegory of aggression and corruption, a scathing critique of the Weimar government.
The Weimar government responds by funding 'passive resistance' of the workers through printing Reichsmarks, further fueling hyperinflation.
Schacht's disillusionment with the existing Weimar government did not indicate a particular shift in his overall philosophy, but rather arose primarily out of two issues:
Following %the war, the Ruhr Valley interests repurchased from the Weimar government.
To be compliant, "pre-war" C.96 models belonging to the Weimar government had to have their barrels cut down to 3.9-inches [99mm].
Most of the Weimar governments were minority cabinets of the centrist parties tolerated by the social democrats or the conservatives.
The defeated Weimar government agreed to payments it did not have the ability to pay that would eventually lead to the 1920s inflationary depression.
This included the 1920 attempt to overthrow the Weimar government, known as the Kapp Putsch.