Analysis of Germans Monetary Policy and Social Impact During COVID-19

This paper investigates how German monetary policies affect the inflation, unemployment and real estate market issues during the COVID-19 period. Germany is the most important economy in the European Union and one of the countries in the euro area. Germany basically follows the various monetary policies promulgated by the European Central Bank. This paper will explore the impact of inflation, unemployment, and the real estate markets and the reasons for the failure of monetary policy since the goals set by the German monetary authority. The conclusion is that monetary policy is not the only factor affecting the economy, and political and external factors are other forces that determine the economy.