A simple series of figures made available recently by the Federal Statistical Office of Germany brings it to light: what has been called “inflation” in public in recent months will, according to all we know, only exist for a few more months at most. …
Nothing has a harder time in these days than logic. In a world where almost everyone believes that it is all about the “right” values, the correct speech and what is understood by morality, logic regularly falls by the wayside. In politics one has get used to everything. …
In a guest article for the FAZ, the German finance minister, Christian Lindner, has claimed that “European fiscal rules are the anchor of stability of our Economic and Monetary Union,” and stressed: “They are also not a matter of variable negotiation and interpretation” …
The ECB’s decision on 2 February to raise interest rates again by 0.5 percentage points and to announce an equally large increase for March will go down in history as a grand misjudgement. Although it is already foreseeable that the price development in Germany and Europe will quickly approach normal values in the course of this year, …
