Reply to Why has inflation hit the US more than Europe?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We visited Italy, France and Monaco this summer and I was surprised that the prices overall were significantly less than the US.

Hotel rooms are definitely cheaper, the cost of food is significantly cheaper : a good croissant in Paris is 1.20 euros vs $5-$6 here at a comparable bakery.  A scoop of icecream in Venice and Monaco is 3 euros vs $6-$7 here. 
Restaurant food is almost half the price in Europe when you account for taxes and tips in the US  ( not to mention you get better tasting food there).

I get the Covid stimulus packages passed in the US contribute to inflation but many European countries also passed those.

Why has inflation hit the US much harder? 
[/quote]

Inflation hit Europe harder! The dollar is really strong now so the exchange rates make it cheaper for Americans.[/quote]

+1 international travel is cheap right now because of the strong dollar. Japan especially is a bargain, although it went from crazy expensive to just expensive![/quote]
Given that we had record number of American travelers this year, I'm guessing that people still have enough to travel and afford groceries.

I think people are just used to paying lower prices for things, and then during the pandemic when prices started going up, we had the covid payments that helped offset the rising prices, plus nobody was going anywhere or doing anything, so people had money saved for higher prices and travel once it opened up again.  But, now the savings have drived up and we aren't getting the covid money anymore, so people are complaining more about higher prices.[/quote]

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