Euro zone inflation rises to record high 8.6%, higher than expected

5 comments
  1. So, probably insane ideea, but. Hear me out. I am genuinely curious if this could work. Inflation means too much money in the economy, right? What would happen if, after a vote and due process of law, the EU orders 8.6% of all euros to be deleted. Like, literally that. You have 1000 euros in your account? Great, tomorrow you have 914 euros. And, this happens for everyone, all people, all companies, everything. Would that work? What are the problems with this?

  2. Can the covid19 stimulus be to blame?
    They spended huge sums of money to stimulate economy. It could definitely be one of the factors.

Leave a Reply