Inflation: Why fear saving is pulling us into the abyss – Economy

Many Germans are in the mood of doom, although only a slight recession is predicted. If they do without consumption unnecessarily, they create the crisis they fear.

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Alexander Hageluken

After the Corona crisis, every citizen would have liked to have had a few years of upswing. But now the economy is shrinking again, say the forecasts. That hurts, as does inflation, which is at its highest since 1951. However, it is wrong that so many Germans are falling into a mood of doom. After all, anyone who assumes the economic apocalypse will only make things worse – for citizens and companies.

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