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It's not just inflation, the Euro has been getting crushed as decades of negligence by the ECB show up. That's not stopping any time soon and the ECB looks lik

It's not just inflation, the Euro has been getting crushed as decades of negligence by the ECB show up. That's not stopping any time soon and the ECB looks like it will be in the position to either destroy the Euro or destroy the bond market.

peoplefromibiza 4y ago
> It's not just inflation, the Euro has been getting crushed as decades of negligence by the ECB show up. the stream of anti ECB drones is frankly ridiculous the price has gone up in pounds as well. Does the ECB controls them too? Prices in Europe are taxes included, in US are before taxes. In Europe you have to add VAT, not only sales taxes, which are much lower in US anyway. Last but not least, custom duties are a thing.
- spaceman_2020 4y ago
  Look at the EUR-USD chart ser
  - peoplefromibiza 4y ago
    also look at the export charts from Europe to USA a strong Euro doesn't automatically makes for a stronger EU economy.
- DoughnutHole 4y ago
  He might be being hyperbolic, but the euro is definitely not doing too hot right now - it's gone from $1.18 to the euro a year ago to $1.02. The Air in the UK is £1,249, up from £999 - a 25% increase. The EU price is €1,500, up from €1,050 - a 43% increase. At least some of that has to be explained by the euro dropping ~14% against the dollar. Take away 14% from the EU price and you get €1,290 - pretty close to the UK price.
  - xbar 4y ago
    Here is an example of data abuse. You are comparing 2 different products' prices. The M2 Air is up £49 compared to its US counterpart. A ~5% increase. And its up €200 compared to its US counterpart. An ~18% increase. Exchange rates explain this easily.
    - deleted 4y ago
      [deleted]
  - peoplefromibiza 4y ago
    > The Air in the UK is £1,249, up from £999 - a 25% increase. > The EU price is €1,500, up from €1,050 - a 43% increase. where did you get these prices? From Apple store Italy M1 8 core CPU 7 Core GPU 8GB RAM € 1.229,00 --- M2 8 core CPU 8 Core GPU 8GB RAM € 1.529,00 € 1.529 from € 1.229 it's a ~25% increase
- samatman 4y ago
  You just listed a bunch of things which have not changed between the last model and this one, to brush off the new model being much more expensive. The parsimonious explanation is that the Euro went from 120¢ to 98¢ in the intervening time. I have no opinion on why that happened, I will pretend I don't even know what the ECB is.
  - peoplefromibiza 4y ago
    > to brush off the new model being much more expensive I'm never going to buy an Apple M* at actual price points. I was merely pointing out that ECB has nothing to do with the prices of Apple products, compared to equivalent in the US. Apple raised the prices outside the USA and kept the same prices in the US. That's all.
- xbar 4y ago
  Compared to the M1 Macbook Air, the M2 Macbook Air has: a £50 premium in the UK vs US. A €200 Euro premium in Ireland (for example) vs US. So, you are right. Apple raised prices. I suspect exchange rates. It is easier to account for unfavorable exchange rates in new products than in raising prices of existing products.
  - peoplefromibiza 4y ago
    On Apple.co.uk M1 is listed at £999.00 and M2 at £1,249.00 (respectively € 1,168 and € 1,460, not far from the actual prices in Europe) The same difference exists in European Apple stores (~+25%). They simply kept lower prices in US in my opinion, but obviously comparing US prices with non-US prices for a US manufacturer it's not going to work in favor of the non-US market.
qsdf38100 4y ago
Europe bad. Euro is getting crushed. Europe destroying itself. ECB is enemy of the people. Europe will destroy civilization. We must destroy Europe before it’s too late!

peoplefromibiza 4y ago

> It's not just inflation, the Euro has been getting crushed as decades of negligence by the ECB show up. the stream of anti ECB drones is frankly ridiculous the price has gone up in pounds as well. Does the ECB controls them too? Prices in Europe are taxes included, in US are before taxes. In Europe you have to add VAT, not only sales taxes, which are much lower in US anyway. Last but not least, custom duties are a thing.

spaceman_2020 4y ago
Look at the EUR-USD chart ser
- peoplefromibiza 4y ago
  also look at the export charts from Europe to USA a strong Euro doesn't automatically makes for a stronger EU economy.
DoughnutHole 4y ago
He might be being hyperbolic, but the euro is definitely not doing too hot right now - it's gone from $1.18 to the euro a year ago to $1.02. The Air in the UK is £1,249, up from £999 - a 25% increase. The EU price is €1,500, up from €1,050 - a 43% increase. At least some of that has to be explained by the euro dropping ~14% against the dollar. Take away 14% from the EU price and you get €1,290 - pretty close to the UK price.
- xbar 4y ago
  Here is an example of data abuse. You are comparing 2 different products' prices. The M2 Air is up £49 compared to its US counterpart. A ~5% increase. And its up €200 compared to its US counterpart. An ~18% increase. Exchange rates explain this easily.
  - deleted 4y ago
    [deleted]
- peoplefromibiza 4y ago
  > The Air in the UK is £1,249, up from £999 - a 25% increase. > The EU price is €1,500, up from €1,050 - a 43% increase. where did you get these prices? From Apple store Italy M1 8 core CPU 7 Core GPU 8GB RAM € 1.229,00 --- M2 8 core CPU 8 Core GPU 8GB RAM € 1.529,00 € 1.529 from € 1.229 it's a ~25% increase
samatman 4y ago
You just listed a bunch of things which have not changed between the last model and this one, to brush off the new model being much more expensive. The parsimonious explanation is that the Euro went from 120¢ to 98¢ in the intervening time. I have no opinion on why that happened, I will pretend I don't even know what the ECB is.
- peoplefromibiza 4y ago
  > to brush off the new model being much more expensive I'm never going to buy an Apple M* at actual price points. I was merely pointing out that ECB has nothing to do with the prices of Apple products, compared to equivalent in the US. Apple raised the prices outside the USA and kept the same prices in the US. That's all.
xbar 4y ago
Compared to the M1 Macbook Air, the M2 Macbook Air has: a £50 premium in the UK vs US. A €200 Euro premium in Ireland (for example) vs US. So, you are right. Apple raised prices. I suspect exchange rates. It is easier to account for unfavorable exchange rates in new products than in raising prices of existing products.
- peoplefromibiza 4y ago
  On Apple.co.uk M1 is listed at £999.00 and M2 at £1,249.00 (respectively € 1,168 and € 1,460, not far from the actual prices in Europe) The same difference exists in European Apple stores (~+25%). They simply kept lower prices in US in my opinion, but obviously comparing US prices with non-US prices for a US manufacturer it's not going to work in favor of the non-US market.

qsdf38100 4y ago

Europe bad. Euro is getting crushed. Europe destroying itself. ECB is enemy of the people. Europe will destroy civilization. We must destroy Europe before it’s too late!