The European Central Bank’s Zimbabwean Model
Declan Hayes September 19, 2022 As the Dutch farmers are showing, that is something worth opposing von der Leyen, Lagarde, Stoltenberg and Europe’s other Quislings and the perches they pontificate from. Though the function of European, German, Japanese and Zimbabwean central banks is to enable the credibility and efficiency of the financial side of their respective economies so that the real side of their economies may achieve the nation’s broader macro economic goals, NATO’s central banks have obviously and disastrously abandoned those tasks for reasons this article makes apparent. Because Zimbabwe, like Germany’s Weimar Republic before it, has reached annual inflation rates of 90 sextillion per cent a year, Europe should not be emulating the financial and economic basket case of Harare. Whatever about Zimbabwe, Germany has been famously down this road before and, in a total reversal of earlier post-war policies, seems determined to traverse it again. The European Central B...