inflation is the name of the game ..., page-3

Hey Pug.. I was living in Germany when the Euro came in..

Just before it did a loaf of bread cost me 2marks.1 yr later it cost me 2 Euros

The exchange was 2 marks for 1 Euro when it was introduced

so.......

any fool can see it was a con and fundamenatlly was 100% inflation in 12 months

BUT

I never heard the word 'Inflation' mentioned once amongst the public..ALOT of complaining (but's pretty standard in Germany) but never Inflation..

Now there is talk of the Germans going back to their own currency again..I suppose thay think well..we got away with it then let's do it again..

Very sad situation for retirees who have watched their life savings inflated away...