Saturday, February 17, 2024

Example of Inflation

 My wife and I ended up last night at a local Turkish 'grill' shop.  So the topic of cost comes up.

A plate of Doner (shaved beef) with pommes (fries)....now runs 12-Euro.  Add a water, and you are almost up to 14-Euro.  

This back in 2020?  It would have been around 9-Euro.  

Food, heat, electricity, and wages....all escalated.  

The same plate (with water) back in 1984?  You probably would have paid around 8 Deutsch Marks ($4).

This is one of those funny topics to get into.  There's no doubt....Germans are cutting back on expenses, and eating out less.  The number of restaurants in this village we went to?  Back in 1984....there were probably a dozen establishments.  Today?  Six.  

The odds that the Doner plate  will go from 12-Euro to 15-Euro within two years?  Oh,  I'd give it a 90-percent chance.   

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