Month: October 2014

  • European Central Bank



    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…