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

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[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]

Just traveled all over Spain for two weeks as a family of 4 and even with the crappier exchange rate, most things (except gas) are cheaper in Spain than the Wash DC area. Our airbnbs were massive and nice compared to anywhere in the U.S. Our meals and drinks were 50% cheaper than DC. [/quote]

That was always true for Spain, even before the pandemic.[/quote]

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