Lagarde: If I have one regret is that I was bound by forward guidance in the past

Had ECB hiked rates more in the past and not cut rates unnecessarily, inflation rate would have been down below 2% a long time ago.

Since every central bank fucked up, inflation rate has remained way above 2% for 5 years already.

This enormously stupid wait-and-see approach has destroyed the savings and put millions of people in debt.

Central banks should remove the damn full employment mandate right now! Stop the increase in money supply! Hike that damn rates and get us in recession before we experience another fucking 5 years of high inflation. You should have done that a long time ago.

These people should be held accountable for very bad job they did over the last 5 years. The whole history is bad, but these last 5 years are among the worst. Stop playing fucking politics and hike that damn rates to a level at which companies and individuals won't be able to borrow more credit, or at least, the rate would be so high it'll guarantee less credit being issued by banks.

Do fucking something! Stop with this fucking wait-and-see bullshit!


For those who think central banks should cut rates are fucking out of their mind and do not understand a fucking thing. Cutting rates and accomodative policy by central banks for years is what got us here in the first place. If you think central banks can get inflation rate back below 2% without recession, you're also out of your fucking mind.

What happened to the strong and independent meme?

My goodness. Someone give that woman a steak. Proteins will help with brain function. They are the only thing that separates us from the apes

the whore of brussels