Tuesday, July 27, 2021

Alice Weidel, July 21, 2021, European Central Bank

AfD Kompakt, July 21, 2021

The ECB’s strategy means fright without end. With its zero interest policy, the ECB devalues our money and expropriates the saver. The eurozone ever more becomes a money junkie, for which it is all the more difficult to get away from cheap money the longer the zero interest policy lasts.

Although the ECB has been restricted by its mandate to a stabilizing monetary policy, it continues its purchase of loans and thus manages a financing of states. The result is a zombiefication of the European national economies. What needs be done is a program to withdraw from the euro which by means of a necessary reform of the currency protects honest citizens and healthy businesses.

Better an end with fright than fright without end.

 

[trans: tem]