Germans no longer like to consume. At the Oktoberfest they can work on their attitude. Squandering money can make you happy!
September 21, 2024, 6:13 a.m.
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Oktoberfest is expensive, but offers a welcome break from financial worries. Despite rising prices and a higher savings rate among Germans, inflation in the country is at a low level. Many people are saving out of fear of uncertain times, even though wages have recently risen more than prices. It is important to spend money consciously and also to invest in intangible experiences. Oktoberfest shows that generosity and making other people happy are just as important as hoarding wealth.
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15 euros for a beer? What the heck, Oktoberfest is only once a year! © Jack Andersen/Getty Images
The Oktoberfest was ahead of its time. When people were not yet annoyed about the increased prices in the supermarket or when looking at their heating bills, they were already cursing the inflation at the Oktoberfest every year. In the mid-nineties, ten marks for a liter of beer was already considered cheeky, and ten years ago it was ten euros for the first time. This year, visitors to some tents have to pay more than 15 euros. “Beer price hammer”,
headlined the tabloid press. And of course he’s right. 15 euros for a litre of beer is an absurd amount of money, just like 20 euros for a Kaiserschmarrn or around 13 euros for a ride on a rollercoaster.
