4 ms·
> the article does not explain how a "gas crisis" leads to a weaker currency. > What does lead to a weaker currency? On the EU side, central bank accommodation
by spywaregorilla 4y ago
> the article does not explain how a "gas crisis" leads to a weaker currency.
> What does lead to a weaker currency? On the EU side, central bank accommodation in the face of inflation ripping higher. Germany recently logged a 37% YoY annual increase in producer prices:
The producer prices are rising because of the gas prices
- NoMAD76 4y agoJust wanted to add that prices are also rising because of higher transportation costs (sea, land, air), all are on the rise.