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. …
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 biggest threat Germany and Europe have identified overseas goes by the name of IRA (Inflation Reduction Act) and is the pride and joy of the Biden administration. It is by no means only about reducing inflation, first and foremost it is about reducing the dependence of the US on foreign imports. …
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, …
