←back to thread

258 points toomuchtodo | 1 comments | | HN request time: 0.194s | source
Show context
storus ◴[] No.44506710[source]
Doubling of the prices overnight coming like in Croatia and many countries before it?
replies(3): >>44506802 #>>44510013 #>>44512487 #
epolanski ◴[] No.44506802[source]
Yes there's an inflation shock at the beginning, then salaries and everything adjusts.
replies(3): >>44507190 #>>44507431 #>>44507498 #
1. A_D_E_P_T ◴[] No.44507431[source]
Croatia hasn't really adjusted. Well, maybe it could be said that everybody adjusted one social class downwards. So people who were previously "upper middle class" are now solidly "middle class," people who were "middle class" are now "lower class," etc. The purchasing power of the populace has declined and not yet recovered.