Heiner Flassbeck: Inflation success in the USA disproves the ECB

Sometimes it is incredibly difficult to draw clear conclusions from simple facts because people have become so firmly entrenched in a particular world view that anything other than this picture does not exist. If, for example, a member of the ECB’s Executive Board were to take a closer look at the USA, they would be astonished to realise that a decline in inflation rates has also set in there, which, if you believe in the ECB’s theories, should not actually be happening.

Read HERE

Image

Be the first to comment

Leave a Reply

Your email address will not be published.


*