Economists blame Beyonce for causing inflation in Sweden

[GAMETHEORY]

Danske Bank economists believe that Beyoncé's decision to start her world tour in Stockholm in May caused a surge in local hotel prices, which in turn contributed to Swedish inflation exceeding expectations.

The opening two concerts of Beyoncé's Renaissance tour in Stockholm sold out, and fans from around the world flocked to the Swedish capital. Anecdotal evidence suggests that many of the 46,000 people attending each night had to stay well outside of the city centre at highly elevated prices.

source: FT

 

[peterlongshort]

Da hell?!

 

[doe moe]

 

[Dannyblueyes]

Then they should be kissing Beyonce's feet for drawing so much capital into their country.

The inflation isn't a big deal. Let the Central Bank raise interest rates while Danske Bank temporarily tightens lending restrictions. It'll blow over in a few months.

 

[HeathCliff]

Economists?

 

[GAMETHEORY]

Mansa Musa

 

[Flawless]

When all else fails blame the black woman.