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<p>[QUOTE="JBK, post: 1869893, member: 1101"]Chrisild, etc. - thx for the posts. It is all a very interesting discussion. I fully expect that the "real" inflation caused by the euro is a far more subtle and diffcult thing to define, especially when pre-conversion tactics are factored in (perhaps some businesses needed to raise prices anyway, but did it in advance or waited, depending on their perspective). For me, it was a case of, as they say in politics, "perception is reality". If the doner kebap (a sort of sandwich) guy and the Irish pub owner had not raised their prices on the 1st day of the euro then I might well have had a different perspective. It is funny how small things can impact one's overall perception. Still a further complication is the emotional attachment that many people had for the legacy currencies.</p><p> </p><p>As for the two stamped euro notes - those are great examples. I was especially fascinated by the Catalonia message, or more specifically, the fact that it was written in English. I visited Barcelona and I had the impression that the Catalonians did not even particularly like speaking Spanish, so to have their message printed in English on the euro note is very interesting, but done I suppose so that it would get a wider audience. </p><p> </p><p>I do know that in Germany I saw few if any marked or heavily worn banknotes - they did not stay in circulation long there.[/QUOTE]</p><p><br /></p>
[QUOTE="JBK, post: 1869893, member: 1101"]Chrisild, etc. - thx for the posts. It is all a very interesting discussion. I fully expect that the "real" inflation caused by the euro is a far more subtle and diffcult thing to define, especially when pre-conversion tactics are factored in (perhaps some businesses needed to raise prices anyway, but did it in advance or waited, depending on their perspective). For me, it was a case of, as they say in politics, "perception is reality". If the doner kebap (a sort of sandwich) guy and the Irish pub owner had not raised their prices on the 1st day of the euro then I might well have had a different perspective. It is funny how small things can impact one's overall perception. Still a further complication is the emotional attachment that many people had for the legacy currencies. As for the two stamped euro notes - those are great examples. I was especially fascinated by the Catalonia message, or more specifically, the fact that it was written in English. I visited Barcelona and I had the impression that the Catalonians did not even particularly like speaking Spanish, so to have their message printed in English on the euro note is very interesting, but done I suppose so that it would get a wider audience. I do know that in Germany I saw few if any marked or heavily worn banknotes - they did not stay in circulation long there.[/QUOTE]
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