Germany Fighting Inflation Too – German Retailers Expected to Raise Prices Monday by 20-50%

Inflation

The Biden economy is not the only broken economy in the world.  Germany’s inflation is out of this world too.

We’ve reported on Biden’s broken economy.  Spending is at an all-time high, along with the US Deficit.  This is causing record-breaking inflation in the US for the first time in decades.

Now we find out that Germany has massive inflation as well.  This is not good for the Biden economy as well.  Zerohedge writes:

Just days after Germany reported the highest inflation in generation (with February headline CPI soaring at a 7.6% annual pace and blowing away all expectations), giving locals a distinctly unpleasant deja vu feeling even before the  Russian invasion of Ukraine broke what few supply chains remained and sent prices even higher into the stratosphere…

… on Monday, Germany will take one step toward a return of the dreaded Weimar hyperinflation, when according to the German Retail Association (HDE), consumers should prepare for another wave of price hikes for everyday goods and groceries with Reuters reporting that prices at German retail chains will explode between 20 and 50%:

https://www.thegatewaypundit.com/2022/04/germany-fighting-inflation-german-retailers-expected-raise-prices-monday-20-50/