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32
German Inflation continues increasing to 10.9%. ECB adding fuel to the fire by keeping rates at 0%. (twitter.com)
posted 3 years ago by NotAGlowy 3 years ago by NotAGlowy +32 / -0
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▲ 14 ▼
– HallucinatoryBeing 14 points 3 years ago +14 / -0

I'm sure the Germans will vote for another failed artist that promises to bring the good times back.

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▲ 8 ▼
– Lurker404 8 points 3 years ago +8 / -0

The German eco-fascist vice-chancellor was a children's book author before he became a politician. Does that count?

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▲ 3 ▼
– WhoIsThatMaskedMan 3 points 3 years ago +3 / -0

We really are just reliving the early 20th century, aren't we? Except this time it's somehow even shittier.

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▲ 2 ▼
– ghostfox1_ 2 points 3 years ago +2 / -0

Massive inflation, massive degeneracy (especially tranny shit), world conflicts starting?

Checks out.

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▲ 2 ▼
– ghostfox1_ 2 points 3 years ago +2 / -0

And one day, for absolutely no reason at all...

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▲ 6 ▼
– Gizortnik 6 points 3 years ago +6 / -0

SOMEONE CHECK ON POLAND!

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▲ 1 ▼
– TimPhoeniX 1 point 3 years ago +1 / -0

I'm pretty sure more welfare will stop it from growing /s

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▲ 1 ▼
– yamez 1 point 3 years ago +1 / -0

Yeah, it sucks right now. I don't even know what the government could do to get it under control because Poland is attached at teh hip to a massive money printer that refuses to stop printing and our currency isn't strong enough to withstand the massive input!

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▲ 1 ▼
– Gizortnik 1 point 3 years ago +1 / -0

They have to do something ugly: massive asset re-investment.

Basically, you know that the money is being printed. So you know that the first person to spend it will get the most out of it. Also, it means that loan payments back are going to be mostly worthless, since the interest payments won't keep up with inflation.

That means the best way to deal with this is to pay back your loans as slowly as humanly possible, and then put all of your money into assets that will increase in value much faster than your loan payments, and keep up (or surpass) inflation. This is why you're seeing so many countries invest in gold bullion stockpiles. As shit as it is, it's also why paying back loans over many decades, rather than paying them full-up, is actually a good idea (if you can competently manage it).

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▲ 2 ▼
– Gemmaugr 2 points 3 years ago +2 / -0

https://nitter.it/elerianm/status/1575459166570926080

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▲ 3 ▼
– deleted 3 points 3 years ago +3 / -0
▲ 7 ▼
– Lurker404 7 points 3 years ago +7 / -0

The people running Germany into the ground are mostly men: chancellor, minister of economy, minister of justice, minister of labor, minister of agriculture, minister of health

Women are the ones who keep the population in line by force or by propaganda: minister of the interior, minister of defense, minister of education

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▲ 5 ▼
– NonViolenceIsCucked 5 points 3 years ago +5 / -0

Simps* not men. Big difference.

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▲ 4 ▼
– deleted 4 points 3 years ago +4 / -0
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– deleted 4 points 3 years ago +4 / -0
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– deleted 6 points 3 years ago +6 / -0

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