Good god! It’s why I started these rants today. I actually have wanted to do them a long time ago, but only today did I find an outlet.

The centre-right, or perhaps I should say the right-wing magazine of the Netherlands, Elsevier Weekblad, continuous to amaze me.

This week I read about an opinion piece on the ECB. It was also a call to step out of the euro.
The guy blames the ECB policies on southern Europe and said that the US and English central banks were doing better. Then he warns that continuing the policy could cause a quarrel with examples given throughout the article.

Like, no dude, YOU are the example of causing quarrel. YOU are putting up blame! That’s one.
Two, when you are saying that “quantitative easing”, where do you think that English term comes from?
Do you really think that’s coming from Spain or Italy?

NO!! The ECB’s policy is MIRRORING THE US!
And that’s not a consequence of it’s policy,
IT IS THE POLICY!

The EU is full of US puppets and they’re not doing anything other than looking at what the US is doing for almost everything they do.

They read the Wall Street Journal, Politico and The Financial Times for guidance. None of these are EU and so none of them are acting on EU behalf of any EU nation.

In fact, the article writer is one of them as his main complaint is that the ECB is not mirroring the US enough.
The ECB’s only difference with the US FED is a slightly lower interest rate. When the US FED is at 0.25%, the ECB is at 0 or -0.25%. To prevent runaway price inflation, you need to mirror or go above your price inflation rate, which right now is something like 5-10% in the EU? In the US it’s 7-15%.
And as the US is not raising their rates fast enough, so won’t the ECB.

Mirroring the US further is going to crash the euro and stepping out of it means you’re going to go down even quicker.
They’re going to do both.

And I’ll bet that when the Netherlands is going to step out of the euro, they won’t reintroduce the guilder, but call their currency the dollar as well, because they’ll think it will sell well.
Ha. Morons.