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

Forum Index » Money and Finances

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

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Farmers in the EU are heavily subsidized so the price of actual groceries are cheaper. Also, salaries are lower so restaurant prices are lower. Add to that a very favorable exchange rate for the U.S. and it can seem cheap to us. But compared to European salaries, it’s not cheap. [/quote]

This. Europeans are relatively poor. Mississippi has a higher gdp per capita than all but a handful of European countries and the gdp per capita for the UK is roughly the same as Mississippi (the poorest US state). [/quote]

Interesting. I had to look that up and compared the different countries of Europe to Mississippi. I had no idea.

[/quote]

When considering purchasing power parity and inequality, median UK is 20% richer than median Mississippi.

https://www.forbes.com/sites/amesbrown/2018/04/03/tax-reform-college-endowments/?
[/quote]

I don’t think tax reform for college endowments is the reasons though, no?[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics