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Inflation was inevitable from the first "support packages". More money chasing fewer goods (lower production). This is Lagarde deliberately lying in public, a

by throwaway22032 4y ago

Inflation was inevitable from the first "support packages". More money chasing fewer goods (lower production). This is Lagarde deliberately lying in public, and she knows it. There should be a mechanism for removing her from office as a result. Is there?

origin_path 4y ago
They have fixed 8 year terms and she started in 2019, so no. The process for selecting who runs the ECB is extremely complex and indirect: https://www.consilium.europa.eu/en/infographics/ecb-executive-board-appointment-procedure/ https://www.consilium.europa.eu/en/infographics/ecb-executiv...
- tanseydavid 4y ago
  She isn't elected by "the people."