Photo Gallery: Printing Money and Driving Up Prices
Fotostrecke

Photo Gallery: Printing Money and Driving Up Prices

Foto: Boris Roessler/ dpa

The Inflation Monster How Monetary Policy Threatens Savings

Central banks are currently flooding cash-strapped industrialized nations with money. This may help governments reduce their debt load, but it also erodes the value of people's savings. A massive redistribution of wealth is threatening to take place in Germany and Europe -- from the bottom to the top.
Von Ferdinand Dyck, Martin Hesse und Alexander Jung
Translated from the German by Christopher Sultan