The Swedish inflation

Day 1,432, 08:44 • Published in Sweden Sweden • by C.Nilsson

Hello, this article is a way for me to express my opinion regarding the low value of SEK. Yes i am well aware of all the pros of it, on erepublik.se you have made that clear. But that those not stop the facts that this low valued SEK is hurting companys. For example, im the CEO of Resouce Corporation, Inc and i have noticed what this is doing to the market. Stockcompanys have harder to pay the same ammount of gold becuse its more expensive to buy gold for your SEK, some days its almost impossible becuse there is almost no gold on the market. The income in SEK is rather irrelevnt when the goldprices are this for lack of a better word insane.

This extreme inflation is also damaging banks or atleast those who want to put in money in it. Lets say you put in 1000 SEK and then you have an interest rate on 5 % you will gain 50 SEK. If the value of SEK is high this sum can be pretty good but with our current SEK value its nothing at all.

This only benefits those who make large quantities with SEK becuse they can then buy raw material factorys. But what happens with those who want to buy food or weapons factorys or the common worker with limited income flow?
Well to put it simple this people dont benefit from this.

I am well aware of that its not all the leaders fault becuse plato is helping the inflation by buying our gods for money that dosent exist which is helping the inflation. But this is still something that the gouverment advocates, and the fact that the leaders just happends to be the one who benefits from this is a bit suspiciously.

I dont like to be completly without numbers so i decided to compary our beloved Sweden with some other nations i randomly choice. I take the topp 5 offers on the gold market then divide them by 5 to get a kind of avarege.

Sweden - 1423,2 SEK for 1 Gold
Russia - 1268 RUB for 1 Gold
Hungary - 1089,158 HUF for 1 Gold
Spain - 1282,4 ESP for 1 Gold
Greece - 1018 GRD for 1 Gold
Taiwan - 1279 TWD for 1 Gold
Peru - 1143,3998 PEN for 1 Gold
USA - 1113,8 USD for 1 Gold
Turkey - 845 TRY for 1 Gold
Italy - 1457 ITL for 1 Gold

Now you can look at these 10 nation and compare there iflation with other nations and as you can se Sweden is a close 2 when it comes to have hight inflation. And that Turkey is the nation whitch out of these countrys have lowest inflation. I know these numbers make more sense when you compare them with the income from one days work and by that calculate whitch country is most profitible. I will simply do this with Turkey and Sweden to show you how exspenive it really is to work in Sweden.

In Sweden gold is worth 1423,2 SEK and our pay of one days work is 160,814 SEK.
In Turkey gold is worth 845 TRY and one day of work gives them 140 TRY.

What this numbers meen is that it takes 8,8 days for a swede to afford 1 gold. For a turk it takes 6 days. As you can se this is a bid diffrent, that is the result of high inflation. The pay to the workers can simply not addapt to this extreme changes and this meens that having a swedish employe is extremly profitible. And as i said before, those who has mulitple companys with Q5 is often those who has the power to influence swedish politics and may wery well be the ones who try to keep this inflation as high and profitible as possible, atleast for them.

Regards
C.Nilsson