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Biggest drop on record officials said wouldn't happen.

Eurodollar University

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What Happened to Producer Prices in Germany?

It takes a hell of a lot of demand destruction, recession, contraction, those types of things before you see producer prices and consumer prices really start to decline. That was also the case in Europe and Germany's 2011-2012 re-recession. The US sort of came very close to recession in 2012. Obviously the Federal Reserve was afraid about the economic fallout because there was QE3 and QE4 late in 2012.

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