Increases the baseline of expendable income for all. Hence, to begin with, everybody can afford more groceries, fuel, rent etc. It’s great, for that "bubble" period in which the currency retains the same strength while prices remain relatively stagnant.
Such consumer strength ultimately further strengthens the currency’s domestic power and makes imports less viable and more expensive – which in a country like Finland in particular, which doesn’t produce a great deal of its own produce, means most food staples and essentials become more expensive to import. Those costs are passed onto the consumer in the form of price rises. […]
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