Eurozone Inflation Dips Again to Increase Pressure on E.C.B. - NYTimes.com: "With inflation creeping closer to zero, analysts consider it ever more likely that the central bank will begin large-scale asset purchases, the same kind of quantitative easing that has been used by the Federal Reserve to revive the economy in the United States."
Saturday, August 30, 2014
Instead of #deflation, let's have #default, #degrowth, #decarbon, #decolonize
Cheap oil has peaked. Profits are no more. Degrowth will happen. Let's stop wasting money and energy on cars.