Very Unlikely The European Central Bank will raise interest rates this year says Bank President Christine Lagarde, inflation is tied to temporary factors that should eventually fade, consumer prices increased 5.1% in January – February 2, 2022,

The mere thought of a European Central bank depresses me, it’s the antithesis of Liberty. what’s that you pathetic little nobody, consumer prices are going up you say? Not our problem, we your European Central Bank have to protect institutions more important than you are from failure, no big deal just pay a little more for the foreseeable future and when we think the time is right, we might consider raising interest rates a few basis points.

 

One has to ask what’s the point of a central bank in 2022? If it’s one thing we know about the free market, it’s anti-corporate welfare, history is littered with large companies failing because they made bad bets, not in the modern era, all sorts of corporations and banks are too big to fail according to the people in politics, therefore they don’t fail, certain corporate entities on multiple fronts with horrendous business models are propped up, especially in Europe, which is one of the major reasons the EU struggles to grow.

I don’t understand people who call European investments quality investments, there are a lot of junk companies in the Eurozone, that wouldn’t exist without the help of governments, shielding them from any competition. Not only are many of these corporations shielded from completion in Europe, they obviously have the support of The European Central Bank, who in early January are signaling they’re not going to raise interest rates regardless of the inflation numbers?

Now, I want to make it clear that, I’m not saying all investments in Europe are bad, it’s just that when I look at the balance sheets of a lot of these EU protected countries, their strength in many ways come from government policies, that shield them from competition. Really think about this for a second 19 countries in the EU hit record inflation in January 2022 and the EU Central Bank responds with, no scheduled rate hikes?

Inflation in 19 countries using the euro hits another record | apnews.com

Interesting times ahead!