Euro-Area Inflation Slowed to 0.4% in July, Lowest Since 2009

So are they gonna print yet? Print, print, print? Big money, baby?

hi Wlarimer - can you explain to a "dummy" what you mean by PrintPrint Print and what will that do to or for the EURO?
Cheers Buddy.

Increasing liquidity and credit decreases inflation. I guess they should change the text books

I can, but I'd be reluctant to say that I'm telling a "dummy" what I meant.

Part of the euro currency charter stipulates that their will be no money printing to make up for poor fiscal policy and fluctuating market conditions.

In the US, Great Britain, Japan, and China, the central banks flooded "liquidity" into the market. Mostly be printing money. Notice that Europe is still mired in very low inflation and that the ECB has been trying all manor of monkey motions to get back closer to their inflation target. At the ECB, they have tried valiantly to jump a comatose economy into gear, but with the restrictions against inflation, insisted upon by Germans, in response to the Weimar Republic's episode in the 1930's which culminated with currency that was so worthless that you could get more heat burning the currency than you could with wood bought with that currency. The figure that the ECB has been focused on as a gauge of inflation has been the consumer price index with a lower bound, or action point stated to be .5%. The flash estimate came in at .4%, and at this point again, and many times over his presidency, Draghi has wished he could just print up enough Euros to light up inflation, and stimulate the consumers in Europe to open their wallets and get the retail economy back in gear. I was baiting the German readers, with the "Print, print, print" post. Looking at the rest of the civilized world, it seems clear that Helicopter Ben Bernake and Abe in Japan, through massive money printing, have had a large effect at getting the velocity of money up, (whether that equates to eventual productivity or not remains to be seen) and MAY have dodged the inflation bullet as well. I KNOW that the ECB can't stay within its mandates and print Euros. I'll bet you can find plenty of Europeans at this time that would change that mandate if they could. That is why I think trying to smash 18 different economies into a currency union is a terrible idea.

Thanks for explaining your comment. Another thing I learned today.

cheers my friend - a really full explanation for sure. I have just pulled my DUMMY cap a bit further down LOL....
Are you suggesting that if the ECB breaks its rules & prints money - it will be more worthless than it is now and therefore the long decline against all currencies will accelerate further????
I am not a fundy trader & all my (limited ) experience is based on Techs.
Learning something new every day - thats what makes this game so absorbing.
Have a happy day.

It's more that the ECB is constrained by Germany (they don't need easing, the rest of eurozone does), which is showing the flaws in a unified currency.

Cheers Nathan.
So to continue , is it that Germany doesn't want ( won't allow ) printing because their economy will be dragged further down?
Thanks for comments - I have never thought about what printing money means. How have the USA got away with it for so long - reports from them indicate all being in good shape or is that just a load of the good old cow patties.LOL.