Why Apple Hiked iPhone Prices Only In Europe
发布时间 2022-09-16 19:00:21 来源
摘要
Over the past year, inflation has been terrible in the US. While we have started to see a cooldown in CPI numbers, inflation is still at extremely high levels. But, the inflation that America has been facing is nothing in comparison to that of Europe. It’s not necessarily that Europe is experiencing more inflation per se; however, the pound and euro have been getting destroyed in comparison to the dollar. In fact, Apple decided to hike prices on the iPhone 14 for European customers only by €100-200. This isn’t some new trend either. In fact, European currencies have been losing dominance to the Dollar for 14 years now. One of the main reasons for this is the countries that have been weighing down on the EU and the Euro. For example, Greece, Spain, and Portugal have experienced full-on depressions within the past 10 years with unemployment peaking at 25-30%. The ECB has been forced to keep monetary policies loose and continue printing money to support these poorly performing countries even though certain countries like the UK and Germany were recovering quite well. Aside from this internal discrepancy, Europe has also been hit hard by the Russian sanctions given that they were extremely dependent on Russian energy. This video explains the top reasons the Euro and the Pound are losing their dominance to the Dollar and why this trend is unlikely to change soon.
Socials:
https://www.instagram.com/hariharan.jayakumar/
Discord Community:
https://discord.gg/SJUNWNt
Timestamps:
0:00 - iPhone Price Hikes
2:24 - Dead Weight
5:32 - A Breaking Point
8:22 - Fuel To The Fire
11:16 - The State Of Europe
Resources:
https://pastebin.com/2GvRTnMb
GPT-4正在为你翻译摘要中......
