| Mr Khan said: Save Greece, save the Euro. The Euro's present problem is deflation, it's devaluing externally due to economic problems, but internally it's also threatening to deflate, a rare double-whammy, and one which could be fixed if the damn CDU took their boot off of Draghi's throat and let him run unlimited bond-buying. |
the deflation is no real problem atm, its mostly because of droppedd oilprice, thats the good kind of deflation.
in some countrys like greece its realy heavy with the deflation, but thats fine 2, the prices where just a joke for some basic food products, you paid 3 times more for a liter of milk in greece than in germany, and the people will not stop spending because of deflation, they have less money anyway so the dropping prices are fine. and bond buying is the most stupid idea ever, the ecb should directly lend money to an EU fond, or just give some money, create money out of thin air, thats how you get some inflation. and we need real money for the rebuilding of the pigs. best way of creating inflation would be a massiv solar programm for spain, portugal and greece with fresh money directly from the ecb. that would create inflation NOW and stop inflation later(because those countrys need a lot of oil and gas and could reduce those needs with solar, and it would decrease the imports in the long run)
