Estonia clocks fastest inflation in the Eurozone at 20.1 percent

Re:Estonia clocks fastest inflation in the Eurozone at 20.1 ... by whimsicalism on Wednesday June 08, 2022 @12:19PM (#31669644)

Nope, most individual consumers and businesses spend more when inflation is unexpectedly high.

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Re:Estonia clocks fastest inflation in the Eurozone at 20.1 ... by cs702 on Wednesday June 08, 2022 @12:38PM (#31669954)

They try to reign in spending, but end up spending more (in nominal, but not necessarily real, terms).

Please don't misinterpret what I wrote!

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Re:Estonia clocks fastest inflation in the Eurozone at 20.1 ... by whimsicalism on Wednesday June 08, 2022 @04:38PM (#31673699)

I'm not misinterpreting what you wrote. they will not try to reign in spending because holding more money becomes less valuable

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