In retrospect, you can trace the steps to hyperinflation, but some of the reasons remain cloudy. Germany abandoned the gold backing of its currency in 1914. The war was expected to be short ...
In fact, using a 10-year moving average, Germany and Europe's current troubles are barely visible. The country's post-WWI hyperinflation actually breaks the chart. The inflation was so severe ...
While there was an increase in funding in 2024, the €7bn in investment is still a far cry from the 2021 peak of more than ... “and that is where Germany excels.” This shift has favoured ...