Mostly false: “The euro was supposed to be as stable as the D-Mark, but it is as stable as the Turkish lira”

On May 3, 2024, German right-wing populist politician Maximilian Krah, who was the AfD’s lead candidate for the 2024 European elections, claimed on Tiktok that the European Central Bank was destroying people’s savings and that, although it was promised that the euro would be as stable as the German Mark, it was as stable as…

Mostly True: Inflation issue that most concerns Portuguese in 2024 EU elections

The March 2024 IPSOS poll exclusively for Euronews reveals that fighting inflation is the top priority for Portuguese citizens. However, Portuguese voters are also concerned about social inequalities and economic growth, with little difference between the three issues. In fact, in March 2024, less than three months before the European elections, 84% of Portuguese voters…

Blog: Keynes’ Theory of Employment, Interest, and Money proves itself during corona crisis

The corona crisis brings the market into an imbalance. It seems as if the economic theory of John Maynard Keynes is proving itself more clearly than ever before! RESEARCH | ARTICLE © Noemi Schäfer, Anneke Blaas, Jade Hochschule, University of Applied Sciences, Wilhelmshaven, Germany Also read the related fact check: ‘Mostly True: German newspaper claims…

Mostly True: German newspaper claims “people are hoarding cash” in the crisis

Referring to the European Central Bank (ECB) the german „Frankfurter Allgemeine Zeitung“ (FAZ) headlined on September 24th, 2020: “In the crisis, people are hoarding cash.“ Even if the term “hoarding” is incorrect in this case, all other figures, facts, quotations and the context are correct, which is why the claim is to be assessed as…