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ECB Buys €1 Trillion Bonds but Deflationary PANIC Takes Over!

from The Money GPS:

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1 comment to ECB Buys €1 Trillion Bonds but Deflationary PANIC Takes Over!

  • tomche

    I saw a great definition of “deflation” yesterday: “Deflation is an increase in the standard of living”…and that’s 100% correct. So, if Deflation is an increase in living standards, INFLATION is the opposite: a DECREASE in the living standards.

    So, with that in mind, it makes one seriously wonder just WHY the fed has a target of 2% inflation for the economy. It’s obvious: they want a decrease in living standards for all of us…Like any blood-sucking parasite, they want to bleed us, not kill us outright (yet). They want to just suck our life blood to weaken us first. And when we eventually become too weak to carry on, they will just kill us.

    How’s that?

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