Inflation can cause unemployment when: 1  The uncertainty of inflation leads to lower investment and lower economic growth in the long term. 2  Inflationary growth is unsustainable leading to a boom and bust economic cycle.
Santander, Spain. Santander is the capital of northern Spainâs La Montana Province, situated along the scenic Cantabrian Coast. The center of this charming town is marked by small buildings and squares with flowering gardens.
1 Santander is an elegant city which extends over a wide bay with views of the Cantabrian Sea. 2  Santander is a city in which the mixture of its various vocations, seafaring, commercial and tourism traditions, remains patent. The city's origin is related to the Portus Victoriae founded by the Romans. However, the capital's urban development was not to come about until the XI c. when the town began to grow around the San Emeterio abbey.