ESM Hyperinflation Lampooned in FAZ Cartoon:
The hyperinflationary drive implied in the ESM is exposed in a nice cartoon which was recently run in the Frankfurter Allgemeine Zeitung:
It shows two men discussing about last week's constitutional court ruling and its implications for Germany; one man says, "We are guaranteeing EU190 billion. Peanuts. That's how much a loaf of bread will cost in five years."
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The hyperinflationary drive implied in the ESM is exposed in a nice cartoon which was recently run in the Frankfurter Allgemeine Zeitung:
It shows two men discussing about last week's constitutional court ruling and its implications for Germany; one man says, "We are guaranteeing EU190 billion. Peanuts. That's how much a loaf of bread will cost in five years."
read more
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