The whole fraud is now uncovered by Mr. Draghi himself: He declares that the problems caused by easy central bank money is “a symptom of challenges”. According to Draghi’s world “global excess of savings” is the problem! “People of Europe” that save money for their retirement and for their children are the economic crooks!
No mentioning of the heaps of easy central bank money handed out to the fraudsters in the financial industry. No mentioning of the billions of bail out money payed by the public to “save” the system relevant!
And no, we have no inflation. Prices only get higher. And private property is getting unaffordable for ordinary people.
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Without any doubt this policy makes the rich richer and the poor poorer. Well done!
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