Month: October 2014

  • European Central Bank

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    NULL means price stability, the real target of the European Central Bank ECB, but also 2% inflation, thus halving the purchasing power every 35 years, still considered ‘stable’. (Here are some numbers games for the statistics: we all know the statistical average values of (Gauss’sche distribution curve): 5 + 3 + 4 = 12 (characteristic…