Some
months ago i was thinking:
“Banks
are not lending money. Economy is weak, nobody has money, than it is
obvious that prices will go down.
That
will be healthy for us: we will spend less and producers will be
forced to become more competitive if compared to other poor
countries.
We
will be more poor but everything will start to go in a healthy way.
Now
it comes out that prices going down (disinflation) is dangerous and
Draghi has provided again more money to banks
banks
are not going to lend money but are going to invest it in risky assets
...
And
we pay for the rising prices and for the banks earnings ...