While “lowflation” continues to stun central bankers around the world, Zee Germans remain stoic on the sidelines (courtesy of Jens ‘nein nein nein' Weidmann's last voice of reason left in the world) in their derision of the ECB's sovereign QE efforts. If you wondered why they are so vehemntly opposed to the printing of money… perhaps the following chart will help explain – just how quickly a nation can swing from ‘zee stabilitee' to ‘zee hyperinflation'.

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Source: Goldman Sachs