>But anyway, my question, if someone would be so kind: With soft pricing in
>manufactured goods and all, why is EU worried about inflation? Is it
>because they provide services like healthcare which are heading into
>hyper-inflation? And because their people have unions? Or is it some other
>kinda thing?
Euroland is closer to deflation than inflation, so I can only guess that the ECB wants to keep unemployment high to keep political pressure on for "reforms" - i.e., a more U.S.-style labor market, i.e., working harder for less.
Doug