Finns carefully pinching pennies when they shop | Yle News

by elfransat

12 comments
  1. What do yo expect after a government believing that increasing VAT on food would bring in significant amounts of money, or that retailers constantly unceasing prices being equated with constant growth.

    There is a limited supply of money in the economy, and most household budgets are now taken up with just basic living costs.

    One of the tenets of capitalism is “free movement of capital” which just is not happening at the moment and can not happen in the current economic climate for the unceasing majority of people.

  2. Not even Pikachu would be surprised.

    Our current government is the first one in Finnish history that can implement a thoroughly right-wing fiscal policy without any hindrances. The results can already be seen: the emperor had no clothes. Right-wing fiscal policy is just as ludicrously ideological and ignorant of facts as Communism was with its “rational” economics known as dialectical materialism.

  3. In 2024, the S Group reported an operating profit of **€499 million**, a nearly 12% increase from the previous year. Up up and away, while you are become poor and poorer. The cost of groceries in Finland is criminal, and you can spin this anyway you wish but it’s too expensive and everyone needs to eat.

  4. Jokes on you: I’ve been pinching pennies as far as I can remember.

  5. Poor country, poor people, expensive prices. What would anyone expect.

    However people spending their money isn’t a growth recipe for economy eirher. Most of the money would flow abroad and I have a hard time understanding how buying more pizzas and coffees is going to produce anything of actual value. 

  6. Finns seem to be frugal people in general. It has nothing to do with the economy. There are people with 300k savings who still buy -30% products. It’s more about the culture.

    Also, people don’t eat out often and don’t buy gifts for their friends as often as in southern cultures.

  7. IMHO a good reason is that retail prices in the Nordics generally go over the recommend price (ignoring VAT differences).

  8. mommas been hurting daddys been down… aint nobody been working since the mill left town

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