Nothing has a harder time in these days than logic. In a world where almost everyone believes that it is all about the “right” values, the correct speech and what is understood by morality, logic regularly falls by the wayside. In politics one has get used to everything. …
On September 21, I attended a hearing of the Bundestag’s Finance Committee on the question of who should take responsibility for the high rates of price increases currently being measured. The Bundestag itself sums up this hearing under the title “ECB’s responsibility for inflation disputed” …
Just imagine: A doctor develops an ingenious diagnostic tool that can avoid misdiagnoses in many diseases, but the vast majority of his colleagues don’t want to use it because they think misdiagnoses are just part of the risk of patients’ lives that you simply have to accept. …
Those who make fundamental mistakes need not be surprised that they trigger fundamental irritations. The ECB has just decided that in order to fight “inflation” it will stop buying government bonds and raise interest rates, and already it is being overtaken by reality. …
