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when even Berlusconi makes sense:
Berlusconi attacks the Euro again

Silvio Berlusconi has called the Euro a "con," Il Fatto Quotidiano reports. He called the converion rate of 1,927 lire to the euro suicide. Due to its past, Germany is blocking every plan to save Eurozone with a monetary base increase. "The Bundesbank and Merkel have their roots in the terror of inflation," and because of this the only mandate of the ECB is that of fighting inflation. According to Berlusconi, Eurozone has two ways: the first is to start the money printing machine, the second is consider a German exit from Eurozone if Berlin continues to oppose the ECB as lender of last resort. "Germany is killing Italy, but also Eurozone," he added.



I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Fri Sep 28th, 2012 at 05:26:19 AM EST
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