10-03-2021, 09:49 AM
Inflation in Germany might hit 5% soon and many banks about to penalize accounts wit
<!-- SC_OFF --><div class="md"><p>During the last week we saw some interesting news about inflation and interest rates.</p> <p>German inflation on a 30-year record and close to 5%:</p> <p><a href="https://www.welt.de/finanzen/plus234131318/Inflation-und-kein-Ende-so-schuetzen-Sie-Ihr-Vermoegen.html">https://www.welt.de/finanzen/plus234131318/Inflation-und-kein-Ende-so-schuetzen-Sie-Ihr-Vermoegen.html</a></p> <p>Most banks will penalize customers with negative interest for accounts above 50k€ and some will even penalize starting with accounts above 5k€:</p> <p><a href="https://www.tagesschau.de/wirtschaft/verbraucher/negativzinsen-verwahrentgelt-101.html">https://www.tagesschau.de/wirtschaft/verbraucher/negativzinsen-verwahrentgelt-101.html</a></p> <p>Aren’t we living in absolute sickening times?</p> <p>Negative interest on accounts above 5k€?!?!</p> <p>If you are still not thinking about investing a reasonable amount in quality crypto projects and being your own bank I fear for your financial freedom.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Jozozozo"> /u/Jozozozo </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q03llb/inflation_in_germany_might_hit_5_soon_and_many/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q03llb/inflation_in_germany_might_hit_5_soon_and_many/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>During the last week we saw some interesting news about inflation and interest rates.</p> <p>German inflation on a 30-year record and close to 5%:</p> <p><a href="https://www.welt.de/finanzen/plus234131318/Inflation-und-kein-Ende-so-schuetzen-Sie-Ihr-Vermoegen.html">https://www.welt.de/finanzen/plus234131318/Inflation-und-kein-Ende-so-schuetzen-Sie-Ihr-Vermoegen.html</a></p> <p>Most banks will penalize customers with negative interest for accounts above 50k€ and some will even penalize starting with accounts above 5k€:</p> <p><a href="https://www.tagesschau.de/wirtschaft/verbraucher/negativzinsen-verwahrentgelt-101.html">https://www.tagesschau.de/wirtschaft/verbraucher/negativzinsen-verwahrentgelt-101.html</a></p> <p>Aren’t we living in absolute sickening times?</p> <p>Negative interest on accounts above 5k€?!?!</p> <p>If you are still not thinking about investing a reasonable amount in quality crypto projects and being your own bank I fear for your financial freedom.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Jozozozo"> /u/Jozozozo </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q03llb/inflation_in_germany_might_hit_5_soon_and_many/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q03llb/inflation_in_germany_might_hit_5_soon_and_many/">[comments]</a></span>Kind Regards R