ECB's De Guindos: I don't see euro area heading toward stagflation

Of course, you don't... you've learned economics from MTV

Saying that ECB's path is data dependent is a joke! What do they need to see as an inflation figure? Slowly but surely we are coming to the end of the game of CB's. They will hike rates at some point and it will crash the credit dependent economies and they will start another round of even larger easing by printing even more. No one of these CB wise guys is pointing to the real problem. World has a huge economic inequality problem including developed countries and masses are living with credit and transferring their future to a small fraction of the population that already owns big part of the available assets on earth. I am not asking for a communist revolution but unless we see the problem right now, it won't end well.