31–40 of 349 posts
Worth noting that Estonia is on the Euro.
Thats what eurozone means.
I'm thankful for the obvious comment.
Worth noting that Estonia is on the Euro.
Question which I won't expect the "inflation is always and only caused by money printing" believers to answer: how is there different inflation in different Eurozone countries?
Probably the only country that is being honest about its inflation amount then.
Do you mean to say that other European countries are lying? This proposition seems knee jerk. Inflation can be computed by anyone, so I don’t even understand how you could lie about it.
I am guessing the Baltic countries are hit hard by the Russia sanctions and the lack of cheap energy and food imports that has to come from somewhere else now.
In both cases, there's inflation according to the definition, but the second case is very different than the first, and it doesn't impact everybody equally (consumer vs saver).
I must misunderstand something because I never see this distinction in the medias.
Earlier quoted context omitted.
Do you mean to say that other European countries are lying? This proposition seems knee jerk. Inflation can be computed by anyone, so I don’t even understand how you could lie about it.
We have 9% inflation in the UK but the reality of the costs of things that you need to live a relatively simple life (food, heating oil, fuel costs), have all gone up way more than 9%. A shop that used to cost me £80 a week now cannot be had for under £110. So you can calculate them all you like and look at the data, but the reality in my life is that prices have risen way beyond the 9% we're told is the amount.
Probably the only country that is being honest about its inflation amount then.
Do you mean to say that other European countries are lying? This proposition seems knee jerk. Inflation can be computed by anyone, so I don’t even understand how you could lie about it.
Lies, Damned Lies and Statistics
Choose carefully and cherry-pick how you source your input numbers, as garbage in means garbage out.
Then let friendly media spokepersons help your PR quest by stating the numbers as if handed down by God himself. Then let peons on the internet call you conspiratorial.
All in all, we shan't worry - these numbers are all simply transitory :)
I am guessing the Baltic countries are hit hard by the Russia sanctions and the lack of cheap energy and food imports that has to come from somewhere else now.
But then, as Estonian prime minister said recently - sure, gas is expensive, but freedom is priceless.
Earlier quoted context omitted.
Do you mean to say that other European countries are lying? This proposition seems knee jerk. Inflation can be computed by anyone, so I don’t even understand how you could lie about it.
Because he wants it to be. It’s way easier to blame someone acting nefarious than living in reality.