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Inflation or deflation?
According to Wolfgang Braun at BörseExpress, there is fear among the citizens: the fear that they might lose their savings through inflation.
Inflation or deflation? / Picture: © Vindobona.org
Especially Germany has had bad experience on several occasions: 1923 the currency collapsed in a hyper inflation. In 1948, the depositors were cut after the currency also suffered considerable losses.
Justified Fear?
The fear of inflation is reasonable. In recent years, central banks have printed money in abundance, in order to finance the debts of national budgets.…
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