The Eurozone Falls Into Deflation.

#inflation #money #credit #debt #ecb

Today we will look at why the Eurozone has fallen into deflation. You might think there is inflation but if one looks at the true definition of the terms you will see that it isn't the case.

The last time the Eurozone money supply as per M3 shrunk it kicked off the European Sovereign Debt crisis which culminated with ECB President Mario Draghi saying that the ECB would do "whatever it takes to preserve the euro."

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