Not really. They’re just saving up their Angst for a rainy day. Oh, my. Look at those dark clouds over there…
German Inflation Hysteria Mysteriously Missing Before Vote – Germany’s sudden spike in pandemic-induced inflation is prompting a noticeably less hysterical response than the country is used to.
That marks a shift from traditional fears of lax southern European-style economics, infused with worries of 1920s Weimar-Republic hyperinflation, that caused alarm during the euro-zone debt crisis in the previous decade, according to academics including Ferdinand Fichtner of Berlin’s University of Applied Sciences.
“It’s surprisingly quiet compared to what you would have expected 10 years ago,” he said. “The outcry could have been louder. As far as the election is concerned, the topic may even be over because there’ll be no new inflation numbers.”