Europe is getting shredded by inflation

submitted by casparvoneverecBig tiddy respecter from (self.debatealtright)

sorted by:
top
newinsightfulfun
you are viewing a single comment's thread.

view the rest of the comments →

[–]casparvoneverecBig tiddy respecter[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

Good point. All inflation isn't equal. Medical, housing, education, gas, and food take up the lion's share of everyone's monthly income. Inflation in things like clothes or cars doesn't matter as much. I suspect there's been a huge hike in the price of food and gas. Housing's been going up for ages but I don't know if there's been a dramatic hike off late.

Medicine is probably as before.

[–]TheJamesRocket 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

I really hope that Putin strangles Europe with his gas pricing. The EU has been acting as a U.S. satrap for too long, and their joining in the sanctions was the last straw. Russia has an opportunity to really put the screws to them now. They could bring Europes economy to a halt in months, long before they are able to build those LNG terminals for U.S. tankers (which are very expensive anyways).