Anyone who has already refueled or gone shopping in the New Year has noticed that a lot has become more expensive, and noticeably.
This is not only due to the fact that the old, higher VAT rate has been in effect again since January 1st.
Inflation is seeming back, and quite a few are questioning whether there is any connection to the flood of money that central banks created in 2020. And they also ask themselves whether the current price increases are just a foretaste of what's to come. WELT explains what is happening right now - and how you can best protect your assets.