Eurozone central bank chiefs warn on soaring inflation expectations

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We deserve to fall into absolute poverty because of our utter imbecility. Brexit and Johnson… what other evidence do you need of our intelectual decay

That is not a surprise. The ecb is acting to slowly and is hesitant to get ahead of the curve. Market participants, corporates and consumers alike, are therefore expecting an increased level of inflation. A weak currency and higher commodity prices may even accelerate this

The smartest and wisest thing to do right now is to implement more sanctions against Russia, print more worthless money and send Ukraine more weapons. And repeat the cycle. That will fix the inflation. For sure.

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