Last time we went through why it seems obvious that inflation will stay there for a while. There are several reasons for this. Not only is the debt mountain of governments huge, and we are still struggling with supply chain issues. Also important is that the differences between European governments is huge, the US dollar is very strong, and Europe is very weak in energy supply. These are all reasons for high inflation. In this article you can read what to expect from the euro in the coming period.
