"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Draghi Gets Taste of 2015 Inflation as ECB Readies QE
Submitted by Emmett Harris on Tue, 2015-01-06 01:00
The article warns of deflation, based on CPI-type data impacted by oil (among other things), despite the ongoing QE (inflation). Thus, the central bankers will dump more money into Europe and make the eventual crash that much worse.
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