Replying to Avatar frphank

Can you give an estimate for the Euro that includes the currencies it was created from.

Also how long for USD, Swiss Franc.
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TheGrinder 1y ago

I give you one. Deutsche Mark was swapped 2:1 for EUR (two DM for one EUR). Back then the avg rent for a three-room flat was ~500-750 DM. The same property now costs you approximately 750-1,300 in rent and no, wages haven't adjusted accordingly. You can apply the same to groceries, fuel, electricity and other products. The inflation is 400% over 25 years which is now even being accelerated.

Every EUR you're holding is a EUR you shouldn't have.

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frphank 1y ago

We were talking about lifetime not inflation.

Also mind you inflation includes goods and wages. If your wage doesn't go up then maybe there isn't inflation, the market just shifted against your skill.