Quote (Knaapie @ 18 Jul 2017 03:20)
a ) Is oil more expensive ? I remember buying gas for 20% more than the price now, about 5 years ago. And we are moving towards renewables that are allowed to be a bit more expensive and become cheaper the next 10 years. I havn't seen an increased price yet.
b ) true, it's to get out of a crisis. Ppl suggest to not raise it too soon afterwards, expect another 1-3 years at this rate.
c ) yep, giving countries massive death taxes everytime a house owner dies. We can hopefully deflate the bubble with policies in the future, The Netherlands desperately needs one. (and is moving towards it).
d ) yes.. We've had a massive crisis. any bubble bursting now can cause even further regression of the standards of living in our countries. I think we've stabilized and hope we can increase our economy before the next bubble bursts. Even better: prevent a burst.
lets not discuss the european debt/economic/political crisis in a trump thread.
about point a) though: the oil price is of fluctuating, but relative to the trend of oil prices on the world markets, it has been more expensive in the euro zone due to the euro's devaluation relative to the USD, which is caused by the ecb's quantitive easing program. in other words: the decline of oil prices was dampened by the euro devaluation.
This post was edited by Black XistenZ on Jul 17 2017 07:35pm
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