excessive indebtedness and signing

excessive indebtedness and signing off on back-to-back “stimulus” packages like the Juncker Plan or the Next Generation EU disasters, all of which have left the euro area in stagnation, with more debt and now, inflation. Germans suffer a cumulative inflation of more than 20% in the past five years. Politicians blame it on Ukraine and Putin, but we all know it is a ludicrous excuse. Money supply growth and constant increases in government spending have obliterated the purchasing power of the euro and fueled inflation. “An upsurge in money growth preceded the inflation flare-up, and countries with stronger money growth saw markedly higher inflation” สล็อต

Leave a Reply

Your email address will not be published. Required fields are marked *