Christophe wrote:But inflation exists slowly but surely, I recently found an S&V from 1976, an advertisement presents a house at 150 francs and the average household income is given at 000 francs.
Price inflation or currency inflation?
Because the only publicity is made on price inflation, to say that it is low.
While the really serious inflation is currency inflation, nobody talks about it, but it is published (with a little research ...) on the ECB website. And it is 10% per year ...
Christophe wrote:Obviously it has nothing to do with the case of Germany ... which used the "technique" of the ticket printing (which works but not very long!)
This technique is still used by all countries, but applied by credit institutions, which create 10% additional currency each year, free of charge and without consideration ...
Today, more than 99% of the existing currency comes from outstanding credits. In other words, if we decide to stop all credits today, there will be less than 1% of the Euro currency.