Kommentaarid on kirjutatud EWR lugejate poolt. Nende sisu ei pruugi ühtida EWR toimetuse seisukohtadega.
VanemadUuemad
This, with due respect, is jive. Cost of living increases are not synonymous with inflation. This is the relatiely new, very unfortunate and bowdlerized definition of inflation.
Cost of living is one matter, loss of purchasing power of money is fully another. And the latter is what inflation is.
Estonia does not engage in inflationary policies. The yardstick that the EU uses to measure \"inflation\" is a strange and arbitrary one. A wrong one.
http://www.nber.org/~wbuiter/e...
How, pray tell, is the minuscule Estonian pipsqueak supposed to drive down the price of fossil fuels? Although I would gladly see the Estonian government dramatically cut the huge excise tax on gasoline.
Cost of living is one matter, loss of purchasing power of money is fully another. And the latter is what inflation is.
Estonia does not engage in inflationary policies. The yardstick that the EU uses to measure \"inflation\" is a strange and arbitrary one. A wrong one.
http://www.nber.org/~wbuiter/e...
How, pray tell, is the minuscule Estonian pipsqueak supposed to drive down the price of fossil fuels? Although I would gladly see the Estonian government dramatically cut the huge excise tax on gasoline.
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