Inflation in Germany might hit 5% soon and many banks about to penalize accounts with more then 5k€!
During the last week we saw some interesting news about inflation and interest rates.
German inflation on a 30-year record and close to 5%:
Most banks will penalize customers with negative interest for accounts above 50k€ and some will even penalize starting with accounts above 5k€:
https://www.tagesschau.de/wirtschaft/verbraucher/negativzinsen-verwahrentgelt-101.html
Aren’t we living in absolute sickening times?
Negative interest on accounts above 5k€?!?!
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.
submitted by /u/Jozozozo
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