Zurich’s online NZZ daily warns that come autumn, inflation in Germany could reach “double-digit figures for the first time since 1951”. The inflation rate in Germany in August rose to 7.9 percent, up from 7.5% a month earlier. Chart source: Statista. “At such a rate, the purchasing power of money melts like snow in the … Continue reading Energy Shortages Continue Powering Inflation In Europe…Reaching “Record 8.9 Percent”!