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Inflation is back. Not just a little – but with full force. Prices are rising faster than they have been in years. In its current monthly report, the Bundesbank assumes that the inflation rate could rise to just under six percent in November. A major tabloid speaks of an “expensive shock”. The voices of those who are calling for the European Central Bank (ECB) to end the policy of cheap money and initiate a change of course are already getting louder.
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