Eurozone inflation brings new interest rate hikes from the ECB

A new surge in eurozone inflation has reignited fears of a prolonged wave of deflation and left the European Central Bank facing tough decisions. The surge in energy prices due to the geopolitical crisis in the Middle East and the war in Iran is defying expectations of price stabilization. Eurostat data showed that inflation in …

The oil shock brings Central Banks into conflict with Governments

Risks to global inflation remain strongly on the upside, as the oil price shock may have longer-lasting and more persistent knock-on effects than initially expected, according to new analysis by Trust Economics. The report’s key finding is that the deflation of inflation in the coming years may prove much slower, particularly in advanced economies and …

The EU in Russia’s embrace for energy – Eurasia will unite

As Europe’s economies cannot withstand a wave of subsidies and aid, such as that during the Covid 19 pandemic, which amounted to approximately 1.2 trillion euros, due to the deterioration of the fiscal position of states threatened by over-indebtedness, the priority now is – as one will see below the lines of the International Monetary …

Inflationary money from central banks will cause global shock and poverty

The Federal Reserve – and all central banks – is blamed as the main cause of inflation through its policy of “currency devaluation,” which systematically destroys the value of Americans’ savings, assets, and wages. A “political-inflationary vicious cycle” is documented, where the government prints money to finance spending, causing prices to rise, which then leads …

Why don’t central bankers want private money? – The stablecoins revolution

In a recent speech in Portugal, Christine Lagarde — president of the European Central Bank (ECB) — gave a stern warning about the emergence of stablecoins, stating that they could lead to the creation of “new private currencies.” These stablecoins, which are tokens (digital tokens) backed by government currencies (fiat), pose a serious threat to …

Risks to Europe’s financial system from Gold Derivatives

Gold derivatives are now a risk to the global financial system, the European Central Bank said in a note written by its four economists. The note, titled “What does the record price of gold tell us about risk appetite in financial markets?”, comes nearly 25 years after a GATA delegation led by President Bill Murphy …

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