When is this charade going to stop? Telling everyone it\u2019s still about\n inflation is becoming an insult to every thinking human being. The \ninflation is there, it has been for years. The thing is, it\u2019s only there\n in stuff that rich people buy, like stocks, Swiss Francs, property, \nvintage cars and art. The money is just not reaching the real world, \nbecause of many reasons, one of them being that an aging population does\n not spend money when they are fearing for their savings because\n of a Zero interest rate on their retirement accounts . Are the ECB guys\n too daft to see this? Of course not. Then why continue? Because the \ngoal is really a different one: It is to force the northern European \ncountries and especially Germany \u2013 governments and consumers alike \u2013 to \nspend more money than they would otherwise be willing to do, so their \nspending will improve the economic situation of the southern European \ncountries that are unwilling or unable to enact reforms that would lower\n their debt burden and improve their competitve standing. Whether that \nis good or bad, right or wrong is another debate, but it is high time to\n admit it and to stop trying to fool everyone!<\/p>\n\n\n\n