Emmanuel Lécharny on Nostr: So the ECBB deciced to increase the interest point to 4%. That will literally kill ...
So the ECBB deciced to increase the interest point to 4%. That will literally kill the housing market, and slow down the EU economy, in order to follow the BCE orthodoxy: fighting inflation - which is by the way already shrinking.
Because nothing is more important than containing the salaries increase, which would cause more inflation. Workers? They can starve!
In the mean time: « Rise I profits has played an important role in the rise of domestic inflation
https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp230419_1~03b3c404b1.en.pdf?78f3ade290cad414ea9ff5a0018459b6
Because nothing is more important than containing the salaries increase, which would cause more inflation. Workers? They can starve!
In the mean time: « Rise I profits has played an important role in the rise of domestic inflation
https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp230419_1~03b3c404b1.en.pdf?78f3ade290cad414ea9ff5a0018459b6