Why has Germany had much lower inflation than the US has over the past 50 years?
A)German economists are more skilled than US economists
B)The German economy does not rely on imported oil as much as the US economy does
C)The German economy is still benefiting from its post-World War I period of hyperdeflation
D)German policymakers have been extraordinarily averse to inflation

Question

Quizplus · Accepted Answer

German policymakers have consistently prioritized controlling inflation, even at the expense of economic growth. The German public is also more averse to inflation due to their experiences with hyperinflation during the Weimar Republic period. This has led to tight monetary policies and a focus on conservative fiscal policies.

Why Has Germany Had Much Lower Inflation Than the US