Inflation in Germany might hit 5% soon and many banks about to penalize accounts with more then 5k€!

During the last week we saw some interesting news about inflation and interest rates.

German inflation on a 30-year record and close to 5%:

https://www.welt.de/finanzen/plus234131318/Inflation-und-kein-Ende-so-schuetzen-Sie-Ihr-Vermoegen.html

Most banks will penalize customers with negative interest for accounts above 50k€ and some will even penalize starting with accounts above 5k€:

https://www.tagesschau.de/wirtschaft/verbraucher/negativzinsen-verwahrentgelt-101.html

Aren’t we living in absolute sickening times?

Negative interest on accounts above 5k€?!?!

If you are still not thinking about investing a reasonable amount in quality crypto projects and being your own bank I fear for your financial freedom.