Figures have just been published in Germany that the country had a surplus of euro 38 billion in 2017. Wonderful, isn't it? Well, maybe not. Other figures show that because of extremely low interest rates, German savers were cheated out of euro 50 billion in the same year. Isn't that a new kind of tax?
Surplus and interest rates
7 years ago by alexalexiev (46)
$0.16
- Past Payouts $0.16
- - Author $0.12
- - Curators $0.03
This is the best post on Steemit. I gave you a vote now, ya heard?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thx. Hopefully people will wake up
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That is where the surplus is coming from? Hopefully not for long. The people are awakening.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thx Rosalinde!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm afraid Germany isn't the only country in the world being hit with a hidden tax or hidden taxes as a result of monetary policy.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit