Quote:
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Originally Posted by Fish
Quote:
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Originally Posted by f14driver
Yes prices certainly have doubled in Holland.
A simple example would be the price of bread.
Prior to the euro era we paid 2 guilders for a normal 600 gram loaf of brown wheat.
Now the same loaf costs around 2 euro's with a conversion rate of 2,20 guilders for a euro. 
Same goes for cigarettes, used to be 4 guilders, now it's up th almost 5 euro's and those went up 12% in the last year only.
All prices have doubled now , the only thing that hasn't doubled are the paychecks from the company's we work for, that's still half of what we used to get in guilders  |
Thats not because of the euro, but because of greed.
And you still can buy a bread for 1.40 euro in the super.
Sigaretttes gone up because of taxes and are still to cheap. 
I'm glad we have the euro. |
I agree. Ppl tend to forget natural developments in a currency lifespan. Devalutation is the norm and especially the Eurozone saw a comparably high deflation over the last couple years. Comparing the currency worth of both the Deutsche Mark and the Euro one can't see any drastic differences in their development.
What we lacked, at least in Germany, were the regular pay raises compensating for this rather natural development. The last ten years were dominated by tightening the belt to get the german economy back to international competition levels and make more investments possible. Shortly before the financial crisis german workers and employees were about to catch up to deflation rates, demanding higher payment. The economic crisis pretty much stopped that dead in its tracks, however.