Germany gives 100% deposit protection

[d000hg]

Can someone explain HOW a country can guarantee 100%? Where can they get the money from? Would it not entail printing a lot of new money and leading to inflationary problems?

[TimberWolf]

Britain could trump Germany by guaranteeing 110% of deposits. Boomed.

[AlfredJPruffock]

Can someone explain HOW a country can guarantee 100%? Where can they get the money from? Would it not entail printing a lot of new money and leading to inflationary problems?

Well the Germans have a lot of experience of printing more money leading to hyper-inflation - they are totally spooked at the moment - they had to take action stepin to prevent a panic.