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

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[quote=Anonymous][quote=Anonymous]I don't think people account for cultural biases when considering living standards.  It's not just a numbers game but also lifestyle. Europeans don't have to eat a lot of processed foods to really enjoy their food.  So they don't need 20 different cereals and [b]can be happy with 3-4 brands if not 1-2.[/b]  So costs of dining right there is apples to oranges.  They don't have to worry about health insurance, children's prek and such.  So what you save in fixed costs come into play for standard of living.  Personally if I'm poorer in a small town in France v MS, I'd still prefer to be in France because at least my overall expenses are less than needing x amount to live a certain lifestyle in MS. It's not just daily food and mortgage to consider. [/quote]

Yes, things are perfect in France.  That's why Macron's snap elections went terribly.  And people certainly loved the Soviet Republics, where they only had one cereal option.  Your fantasy does not match reality.[/quote]

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