Post #15420 by BRKNut on the Berkshire Hathaway board

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<<<From a monetary point of view that may be true, but nominal prices are still up from what one remembers even if they are no longer rising, so it still *feels* like ongoing inflation.>>>

This is so true. We happened to have lived in Germany when the transition from the DM-Euro happened. We were there only for a few years but the inflation was so real. Essentially, restaurant bills roughly doubled (roughly the conversion rate of Euro-DM)under our noses. For those living permanently there, prices have remained at the elevated plateau ever since. Some of our family friends have simply opted to eat out less. So, this particular, “non-feeling”inflation is 24 years old.

Welcome any thoughts from those who live in Germany.

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