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MOSLER'S LAW: There is no financial crisis so deep that a sufficiently large tax cut or spending increase cannot deal with it.

EU Inflation Rate Drops to 2.1%

Posted by WARREN MOSLER on December 1st, 2008


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Another tenth and the ECB will hit it’s inflation target for the first time since inception!

That’s why they called this the ‘beneficial recession.’

Just in time for year end performance bonuses…

Highlights

Europe Inflation Rate Drops Most in Almost Two Decades to 2.1%
Trichet Says Stability, Growth Pact Must Be Fully Respected


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