Europeon Union to suffer from an increase of inflation - Polidicks

[img]http://gyazo.com/f10aee0756313f229cd1f76c54bad12f.png[/img] [quote]The euro traded near a two-week high against the yen on speculation European Central Bank officials will express concern today that inflation will accelerate as the region’s economy shows signs of improvement. The single currency was close to the strongest level in a week against the dollar before a report that may show Italy’s industrial production increased for a second month in December. The Dollar Index fell for a third day yesterday after Federal Reserve Chairman Ben S. Bernanke said the unemployment rate in the U.S. is likely to remain high “for some time,” indicating the central bank won’t halt stimulus measures. “Though the ECB doesn’t appear poised to raise rates soon, there remain expectations it will do so in the future,” said Daisaku Ueno, Tokyo-based president of Gaitame.com Research Institute Ltd., a unit of Japan’s largest online currency broker. “What’s behind the euro’s strength is in part a difference in monetary policy between Europe and the U.S.” The euro traded at 113.10 yen at 8:45 a.m. in Tokyo from 113.09 in New York yesterday, when it touched 113.20, the highest since Jan. 28. The currency bought $1.3722 from $1.3733 after reaching $1.3744 yesterday, the highest since Feb. 3. The Dollar Index, which IntercontinentalExchange Inc. uses to track the greenback against the currencies of six trading partners including the euro and yen, fell 0.5 percent yesterday. Swaps traders are betting Europe’s central bank will raise its target rate by 84 basis points over the next 12 months, up from bets on 44 basis points at the end of last year, a Credit Suisse Group AG index shows.[/quote] Source : [url]http://www.bloomberg.com/news/2011-02-09/euro-trades-near-two-week-high-on-speculation-ecb-will-warn-of-inflation.html[/url]

Sucks for them!

Good thing I don't live in Europe!

ITT people not understanding global economics.

[QUOTE=Miskav;27962705]ITT people not understanding global economics.[/QUOTE] ITT: Arrogant poster who wouldn't know sarcasm if it told him an off-colored joke and raped his kids afterwards.

So where's this fabled Europe[b]o[/b]n Union at then?

[quote]Minutemen Corp.[/quote] [url=http://minutemencorporation.webs.com/][img]http://minutemencorporation.webs.com/minute%20large.png[/img][/url] ? [highlight](User was banned for this post ("That Cat" - rilez))[/highlight]

[QUOTE=Rubs10;27962821][url=http://minutemencorporation.webs.com/][img_thumb]http://minutemencorporation.webs.com/minute%20large.png[/img_thumb][/url] ?[/QUOTE] lizard xing ectect

Inflation = signs of recovery.

It's Greece's fault.

[QUOTE=Miskatonic;27963196]Inflation = signs of recovery.[/QUOTE] What about Russia in World war one?

You get inflation when preventing bankrupcy.

Why the hell is the Netherlands on that list?? Since when are we on the same lvl of economic scale as germany, china and the usa?

[QUOTE=taipan;27972408]Why the hell is the Netherlands on that list?? Since when are we on the same lvl of economic scale as germany, china and the usa?[/QUOTE] The graph is completely made up. Notice the "Minutemen corporation" being higher than China and the USA. It's a pretend corporation staffed by imaginary dinosaurs.

Where did you screenshot that graph from? ([url]http://gyazo.com/en[/url])

The graph doesn't even have a proper title. THIS IS HERESY.

[QUOTE=Hizan;27972535]Where did you screenshot that graph from? ([url]http://gyazo.com/en[/url])[/QUOTE] I couldn't copy the image link so I just gyazo'd it.

The Spain bail might fuck shit up.

I am just wondering, if all these nations have massive debt? How the hell do they keep going without any money?

[QUOTE=Sobotnik;27975388]I am just wondering, if all these nations have massive debt? How the hell do they keep going without any money?[/QUOTE] And to be honest where the hell they are even pulling all money from? There must be no country that doesn't have any debt to another. So are we just pulling money literally out of our asses? Get loan to pay back another loan... Yea i don't really see that working in a long run.

[QUOTE=ripsipiirakk;27975515]And to be honest where the hell they are even pulling all money from? There must be no country that doesn't have any debt to another. So are we just pulling money literally out of our asses? Get loan to pay back another loan... Yea i don't really see that working in a long run.[/QUOTE] Welcome to the concept of money. It's entirely made up, but allows our society to function.

[QUOTE=Miskav;27975546]Welcome to the concept of money. It's entirely made up, but allows our society to function.[/QUOTE] Actually it's the bank of America who is giving them their money, everytime they borrow a dollar, they borrow with interest.

[QUOTE=ripsipiirakk;27975515]And to be honest where the hell they are even pulling all money from? There must be no country that doesn't have any debt to another. So are we just pulling money literally out of our asses? Get loan to pay back another loan... Yea i don't really see that working in a long run.[/QUOTE] Sometime in the future one nation asks the other: Ok I will need the loan back now. Sorry we don't have any money and neither do you. 5 minutes later the global economy collapses.