A large proportion of Germans are stuck in the #fiat trap, hoarding cash in hashtag banks. The next round of government debt inflation will teach them sour grapes! The fact that Germans are hoarding cash above all else shows that it's a chimera that the experience of the Weimar hyperinflation 100 years ago has become ingrained in the German soul! #Germany #cash #bitcoin #inflation
Discussion
Yes it's deeply ingrained but they are the last nation which will understand fully what is happening around when and his the have been manipulated over decades. I am German but I left the country 5 years ago.
I left years ago to Spain. It became too strange to me
do you think Germans are so scarred by the intervening history that they forgot to teach the earlier financial lessons in their schools?
I think it's part of the educational scheme to keep banks in power
ahh, interesting. It would seem that those banks have a lot of power. everyone works for a month for a paycheck, pays interest on their credit card if it's not paid off on the last day of the same cycle.
people there seem to know how to economize very well, and those savings gets placed in the bank which charges interest on balance.
and they materialize your property through re-lending (like they all do). Risk-free business
Yes, I also left. Perpetual Traveler and the world has better places. If I visit Germany something bad is happening always. Like people shouting at you because your dog stands in the water of a nature lake.
Then I remember this chart and know that these poor people are only so bad because they know they're fucked.
It's really a strange country now
