It’s going up! Unfortunately, that’s the wrong direction. Food and energy prices are skyrocketing, inflation is eagerly galloping along. Inflation is in Germany. Put simply, this means that the savings of Germans lose value. But as we all know, things can always get worse – even if that shouldn’t console anyone on the supermarket shelf.
Set in motion by the corona pandemic and fueled by the war in Ukraine, the global inflation rate is at its highest level in a quarter of a century. However, many national currencies have been falling reliably into the abyss for years, in some cases for decades. In some cases, it goes so far that the money isn’t worth the paper it’s printed on. A look at the nations suffering from the world’s most severe inflation – and at what is historically probably the most bizarre case in monetary history.
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Source: Stern
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
