German unemployment rate falls to a record low

bbc.com ^ | 27 November 2014 | bbc

[RegulatorCountry]

Because Euro inflation is not specific to Germany. A “German” Euro is worth the same as an Italian one, for better or worse. Therefore, to state that there is even such a thing as a German rate of Euro inflation any longer is erroneous. You know, it’s that monetary union thingie that preceding the political union thingie that got underway back in the nineties and became official currency in 2002? Many don’t like it and would prefer a return to the Deutsch Mark, but it is what it is, unless and until it isn’t.

[Natufian]

Fail - and the failure is due to you obsessing about something you call ‘euro inflation’. The article is talking about price inflation. The currency the prices are marked in isn’t particularly relevant.

Prices for many things in Germany are different than the prices for the same things in Italy even though they both use the Euro to denominate them. The changes over time in those prices are often also different. Understanding local price inflation is an important tool for governments, especially if certain benefits and transfers are linked to it (as they are in many EU countries).

Is that really so hard to understand?

[RegulatorCountry]

"Looking ahead, the recent drop in energy prices - if sustained and if not offset by strong currency weakening - could push German headline inflation further down," ING Bank analyst Carsten Brzeski said.

Now, you were saying again?

[Natufian]

Rotflmao you haven’t got the first freakng clue have you?

How does that mean that there can’t be two different price inflation rates for Germany and Italy?

In thinking the answer through you might want to consider a couple of facts - both Germany and Italy both publish price inflation rates for their economies and, guess what?, they’re usually different.

[RegulatorCountry]

Such a nasty piece of work and a Keynesian, too. Why don’t they just raise taxes to ward off deflation, lol?

[Jabba the Nutt]

I know increasing prices is what the media and general public think is inflation. But they are wrong. I thought we aspired to the truth and not going along with error just because everyone else is.

The further point here is, that inflation, correctly understood, is the cause of the boom and bust business cycle, it's what causes bubbles and bubbles to burst. Wouldn't the general public be a lot better off and be able to make better decisions, if they knew the correct meaning of inflation?