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Made in Germany: The Business Magazine

The European Central Bank is trying to get the EU's financial crisis under control with cheaper money - but at the expense of ordinary depositors. The lower interest rates and relatively high inflation threaten to eat away at the value of savings. That would make putting money into a savings account a losing investment.Creeping Erosion - German Depositors and the Interest Rate TrapCentral banks are trying to combat the financial crisis with lower interest rates. That benefits debtors - in other words, it helps indebted governments, by putting the brakes on their outstanding debts.Banks also profit from high rates on overdrafts and private loans. But people with savings end up on the losing end, as the value of their assets dwindles from day to day. Report by Carmen Meyer.Opportunities and Risks of Low Interest Rate PoliciesWe talk to Dr. Thomas Straubhaar, director and spokesman for the board of the Hamburg Institute of International Economics (HWWI).Share Economy - Bartering Inste

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