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Elections to the European Parliament are not primarily about articulating the interests of the so-called sovereign. It is about enabling continuity for the bureaucratic caste in Brussels and making their strange plan for a controlled, centrally planned European economy and a society of control a reality with the help of the green lever. Characteristic of the European Union is the parallel existence of the so-called Eurozone, headed by the European Central Bank, which is not subject to any democratic control or external audit. It is the guarantor that the central planners in Brussels and the now subjugated capitals of the eurozone can finance their weird ideas of a green transformation with cheap money.
Of course, none of the strategists had reckoned that one day consumer price inflation could break out and shake the whole edifice of lies. None of the eurozone countries are independent of the ECB's money printing. And this situation will get worse, not better, as the recession deepens. The ECB and its proxies are currently extremely anxious not to let the interest rate spreads to the dollar area widen (the UK central bank is the biggest buyer of US government bonds) in order to prevent a veritable flight of capital.
42 sats \ 1 reply \ @BononXD 9 Jun
You know, I'm from Poland and you know what we call it in small circles? That we left the red commune and entered the blue one, that is, from the influence of the Soviet Union to the influence of Germany, actually alongside France, which governs the union. I consider this whole green deal, fit for 55 to be eco-madness, but unfortunately there's not much I can do about it, other than collecting bitcoins and going to one of the Americas, Japan, Korea or Africa
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I do that in large circles, too ;) Pozdrowienia!
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Oops! I didn't vote, another abstention vote.
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I voted for BTC. The rest of this shitshow has no importance.
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What happened in Italy?
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Big spending party with EU/ECB printed money to keep the boat afloat and the EU running.
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I didn't know ECB can print for a particular country. Other countries probably feel jealous
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In order to compensate for the imbalances in the different productivity levels of the individual economies, these parasites at the ECB have even developed a quota model under which they oblige the national central banks to buy their own government bonds.
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In order to compensate for the imbalances in the different productivity levels of the individual economies, these parasites at the ECB have even developed a quota model under which they oblige the national central banks to buy their own government bonds.
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