Eurozone reving up the money press

[Luno]

Eurozone reving up the money press:
http://deutsche-wirtschafts-nachrichten.de/2012/12/14/zentralbanken-aendern-kurs-und-wollen-hoehere-inflation-zulassen

Sorry to supply you guys with a German link, but this is on multiple television news channels across Europe yesterday and today.

the bottom line the ECB is allowing higher inflation rates in the member states. I think this is a reaction to this weeks tumbling of the Dollar against the Euro. If the Euro gets to expensive, Euro country exports will suffer which will cost even more jobs!

[rebuilder]

Interesting, but no mention of Bitcoin in the article.

[phatsphere]

this should (technically) be moved in the economics section.

[Luno]

Sorry, only Bitcoin news mentioning Bitcoin in the press section.

Got it. Someone please move it.

[Lethn]

Hope not, wouldn't put it past our fearless leaders to chose to go down with a sinking ship though :/

Go down with the ship? They'll almost certainly take the money and run, just like the bankers have, either that or they'll find some other way to worm out of it, but I think they're running out of options.