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Amid inflation and energy crisis, Germany rushes to prevent recession | DW News

The German government is vowing rapid cash-assistance for small- and mid-size companies facing massive energy-bills this winter. The German economy-minister meeting today with industry groups from across the country. They've been pressuring Berlin for help as energy-prices soar to record-heights and leave them unable to pass costs along to consumers. Some firms are already lowering production. Industry-leaders are meanwhile warning of growing insolvencies. Economists are now projecting a 'winter recession' for Germany saying the economy will contract in 2023. Recent figures are already drawing an increasingly grim outlook: New data confirms an annual inflation rate of almost 8-percent in August. Higher prices cut into purchasing power making it difficult for consumers to afford the same things they could a year prior. Soaring energy-costs are driving that inflation led by natural gas: The European benchmark is now three-quarters more expensive than it was this tim

What To Do With Your Tax Refund During The Inflation Crisis (I BONDS vs ROTH IRA)

What to do with your tax refund during the inflation crisis - I Bonds vs Roth IRA, I Bonds vs stocks or something else all together? If you’re expecting a tax refund this tax refund 2022 season and wondering what to do with your tax money - and in particular what to do during inflation with your tax return money - then you’ll want to know what our top seven tax refund tips are for 2022. Figure out what to prioritize - is it your Roth IRA, HSA (health savings account explained), bonds investments like ibonds, paying off debt or emergency savings? We’ll also talk about how to buy I bonds with tax refund money, form 8888 and when buying ibonds in 2022 makes sense on this list of top 2022 tax refund tips! WATCH NEXT ⭐ 2022 November I-Bond Rate Prediction: ⭐ How To Buy An I Bond (step-by-step tutorial) via TreasuryDirect: ⭐ How Is I-Bond Interest Formula Calculated & When Does It Show Up In Your Account: ⭐ How To Buy More/ Gift I Bonds (For Spouses & Married C

Inflation Crisis Fears Grip Retirement Savers: Spotlight on Gold

Inflation crisis: One survey says 70% of retirement investors are worried about inflation. Spotlight on gold: How many will turn to metals for protection? The year-over-year Consumer Price Index (CPI) jumped 5.4% last month. Inflation continues to gain momentum. As it does, retirement-age investors are getting concerned about its impact. One survey says more than 70% of retirement investors are worried about inflation’s effect on their savings. But what will they do? Double down on mainstream “paper” assets? Or consider the inflation-fighting potential of gold and silver? Subscribe to our channel, and request our guide to learn more: Free Gold IRA Guide: *This video is for educational purposes only. Augusta Precious Metals does not offer legal, tax, investment, or financial advice. Seek advice from your own attorney or financial professional before opening an account with Augusta. Past performance does not guarantee future results. Precious metals prices are volatile, a