Expensive!
Non-Fiction, Politics / Economics
The big fear of currency devaluation – and the political measures urgently needed
Petrol, heating, groceries – everything is more expensive, and the inflation rate is at a record high. Will we be worrying more about our money in future? Will life become unaffordable? Economic analyst Maurice Höfgen studies the situation on a daily basis and warns us not to panic, because the current astronomical prices are a result of the war in Ukraine and the Covid pandemic. But the current German government must act now if daily life is to become aff ordable again. If it makes the wrong decisions, the price shock could lead to an economic crisis. 'Expensive!' is an incisive analysis that shows us how to correctly interpret the current news flow – and clears up misunderstandings about inflation.
• Everything about infl ation: what does the future of our money look like?
• » Infl ation is not a black hole into which all our money is disappearing – it’s actually a distribution confl ict.« Maurice Höfgen
Maurice Höfgen studied economics and business administration. He works as a research associate in fi scal policy at the German Parliament. He also conducts independent research on macroeconomics and sustainability, and regularly publishes in academic and popular science journals. Höfgen is the author of 'Mythos Geldknappheit' [The Myth of Scarce Money], a YouTuber at 'Geld für die Welt' [Money for the World] and 'Jung und Naiv' [Young and Naive], and a columnist for the Berliner Zeitung.
.jpg "Maurice Höfgen")
The big fear of currency devaluation – and the political measures urgently needed
Petrol, heating, groceries – everything is more expensive, and the inflation rate is at a record high. Will we be worrying more about our money in future? Will life become unaffordable? Economic analyst Maurice Höfgen studies the situation on a daily basis and warns us not to panic, because the current astronomical prices are a result of the war in Ukraine and the Covid pandemic. But the current German government must act now if daily life is to become aff ordable again. If it makes the wrong decisions, the price shock could lead to an economic crisis. 'Expensive!' is an incisive analysis that shows us how to correctly interpret the current news flow – and clears up misunderstandings about inflation.
• Everything about infl ation: what does the future of our money look like?
• » Infl ation is not a black hole into which all our money is disappearing – it’s actually a distribution confl ict.« Maurice Höfgen