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ie claims that basic goods (like the daily espresso) got a massive bump when priced in euros rather than the earlier currency. It's never been visible in inflation statistics, but it's led to endless bitching and moaning - maybe because it probably did apply to goods like espresso, which are highly visible (you buy some every day) but meaningless in terms of overall spending power.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Fri Feb 12th, 2010 at 12:24:37 PM EST
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