mai said:
sergiodaly said:
| generic-user-1 said:
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)
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Correction, Portugal doesn't need a lot of oil and gas, we have the best or one of the best wind power program that alone provides more than half of our electric needs. Not that a solar program was a bad investment, but the reason you give to justify that investment is not true.
On topic. 2 years to late, if that idea was ever on the table, it would need to be executed 2 years ago, not now. Even if the Euro is losing a little value, the economy is turning slowly into the right direction, that move would turn it again into more political and economic crisis.
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Solar energy... wind energy... and they're f**king serious :D No, some people are hopeless. God, to You I send my prayer. Burn! These people never learn. |
solar and windenergie work realy fine. germany hs 20%, other states have even higher rates(not not so muc heavy industrie, so the consumption is a bit different).
but restoring the roads would have the same positiv effect. the Euro countrys need fresh money, not credit, banks will not give you money if you are in debt and have a negative cashflow, the credit crunch isnt about lack willingness to giv credit, its about not having enough income get a credit.
QE oesnt work and cant work and it doesnt work well against deflation, it just pushes state debt into negative interest, thats not good, sure it makes credits for everyone cheaper, but it doesnt make good banks give out credits to people who cant pay the interest because they hardly have enough to feed themself.
