Get Back To Work Mr.Draghi – Deflation “Monster” Spreads Across Europe

• Did QE work? Obviously not. Look at Japan’s record of zero interest rate and QE for the past 20 years. It unequivocally is a failure. Will NIRP work? Is NIRP working? I don’t think so. As I have explained, following NIRP to its logical conclusion/ending means: global economic, financial and currency collapse. It will result in more deflation for asset classes that need debt financing.
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• So why are the Illuminist banksters pushing NIRP when you don’t need to be a genius or even an economics graduate to understand it will not work? Appearance can be deceiving. The Illuminist banksters are feigning incompetence. Their job is not to help the sheeple. It is deliberate incompetence because the REAL objectives are: Global economic, financial and currency collapse. It is to lay the foundation for the coming Luciferian New World Order, Global Supra-National Central Bank, One World Currency backed by gold –> ‘666’.
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• QE and NIRP is not working and deflation is threatening the world, what is the solution? The solution to asset price deflation is always inflation. How else can you inflate asset prices? Simple, you revalue asset prices greatly higher. The method: a massive revaluation of the price of gold. You just keep raising the price of gold via official revaluation or open market purchases until deflation is defeated.
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• Get Back To Work Mr.Draghi – Deflation “Monster” Spreads Across Europe
  by Tyler Durden, www.zerohedge.com  
  Today’s current inflation data dump from across the European nations appears to confirm forward inflation expectations trend (plumbing new record lows). With a considerably bigger than expected decline in prices , pushing Germany, Spain, and France back into deflation, pressure is mounting on Mr.Draghi. As one EU economist exclaimed, “the data send a clear message to the ECB and the only question that remains now is how bold action would be.”
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  And, as Bloomberg reports, Euro-area inflation looks to be cooling more than expected, with prices in three of the region’s four largest economies missing estimates and strengthening the case for an expansion of the European Central Bank’s monetary stimulus in March.
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  Consumer prices slid in Germany, France and Spain in the year to February, figures showed on Friday.
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  In Germany, the European Union-harmonized rate of inflation slowed to minus 0.2 percent compared with a prediction for no change in a Bloomberg survey. The rate dropped an annual 0.1 percent in France, compared with a forecast of a 0.1 percent rise. Spanish prices slid 0.9 percent, compared with an estimated decline of 0.6 percent.
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