2007-04-05

Greetings from Germany :)

and speaking of Germany, you can not believe, what is the inflation here, I even get scared!!!

Inflation is increasing of money supply, but prices here are raised with about 5 - 10% from my previous visit, about 6 mo ago, so you can quickly forget about fundamentals...:)

1 comment:

NMMM.NU said...

It looks it is not because of inflation, but rather, because the VAT (federal tax) is increased from 16 to 19%