Anecdotally, we have witnessed prices of products soaring in southern europe after the introduction of the euro and real estate bubbles due to cheap loans. Pric

Anecdotally, we have witnessed prices of products soaring in southern europe after the introduction of the euro and real estate bubbles due to cheap loans. Prices are adjusting back due to cuts now, only the profit margins are reduced. Similarly to how cartels work, free money just creates inflation.