I love and at the same time I hate these muppets. The EU has been at zero, zero, nil, zilch for forever and a day. This "easy" policy has contributed to money flowing to all type of asset classes including bonds, look at Bunds, gilts from 2008 to 2020, up, up and up. Part of that huge amount of money has overflown to commodities pushing prices up and up and up. This asshole dares suggesting to keep doing what they have been doing for the past 10 + years to deal with rising prices, seriously. Too late Mr Kazaks, something has to give in and who's paying the price, of course the people like always.
I love and at the same time I hate these muppets. The EU has been at zero, zero, nil, zilch for forever and a day. This "easy" policy has contributed to money flowing to all type of asset classes including bonds, look at Bunds, gilts from 2008 to 2020, up, up and up. Part of that huge amount of money has overflown to commodities pushing prices up and up and up. This asshole dares suggesting to keep doing what they have been doing for the past 10 + years to deal with rising prices, seriously. Too late Mr Kazaks, something has to give in...