Debts shrink, tax revenues rise – the state makes money from inflation – economy

The hammer inflation rate of 4.1 percent not only makes everyday life more expensive and savers poorer, it also makes the state richer. “All debtors benefit, including the state,” says Jörg Krämer, Commerzbank’s chief economist, to BILD. ► The fact is: If inflation is higher than interest, the debts, like the corona loans, shrink by […]

Draghi arrives at the NATO summit: “Remember Trump …”

“Think that President Biden’s first visit is to Europe, try to remember the first of President Trump’s visit …”. These are the first words of Prime Minister Mario Draghi as he arrives at the NATO headquarters for the summit of the Atlantic Alliance. Draghi recalls that Donald Trump’s first official overseas trip as president was […]