Oddbean new post about | logout
 Germany's Economic Slowdown: Inflation Hits Lowest Point Since 2021"

Germany, once the economic powerhouse of the Eurozone, is now navigating through a period of disinflation as inflation rates continue to drop. In August 2024, Germany's annual inflation rate unexpectedly fell to 1.9%, its lowest level since March 2021, confounding predictions of 2.1%. 

This follows a decline from July’s 2.3%. Rather than reflecting the effects of monetary policy, which remains largely expansionary, this trend signals a broader economic slowdown in the Eurozone. The pressure is now mounting on the European Central Bank to further expand the money supply, as nothing is more detrimental to the fiat money system than weakening price pressure or, worse, deflation.

#Germany #Eurozone #Inflation #Disinflation #EconomicSlowdown #ECB #MonetaryPolicy #CPI #Fiat #Bitcoin

https://nostrcheck.me/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/5606aec453aedb17dc7c940c3bcc8cff21c6f8107c6c5fd1c4dd0a8e5b0faa04.webp 
 All European economies are waking up again after the coronavirus crisis. Only in Germany there is no economic growth. The government economic policy is jeopardizing Germany's innovative strength and competitiveness. 
 the phase-out of nuclear power has clearly shown that the Germans are paralyzed by the green ideology and that I subordinate everything to it. I remember a sentence when a green politician once said in an interview: if we give up now and don't dismantle all the nuclear power plants, then we will be the losers. 
 At what point does disinflation become deflation? 
 I think You would need a deep recession, maybe on global level 
 Game over. 
 Sad, but true