A German told me that after World War One, Germany experienced - TopicsExpress

A German told me that after World War One, Germany experienced hyperinflation and since then, Germany has adopted a policy of low interest rates and to keep priced low, so as not to over-inflate the economy again. This is how prices and wages are maintained at an average level in Europe. He says that things in Singapore are even more expensive than Germany but Singaporeans earn even lower wages than Germans.

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