Reading Draghi’s recent comments on the EU crisis is like watching the arsonist cry over the burning building. Draghi, in his words, warns about stagflation & the Eurozone’s demise - failing to mention his role in its downfall. His policies birthed the inflation he now condemns. I’ve criticized this for ages! Draghi’s obsession with inflation targets led to the ECB’s pedal-to-the-metal approach, aiming for 1.99% & overshooting to 10%! Why not leave it at 1.7%? Why create more? Now, the Eurozone’s on the brink, much due to these reckless policies. Similar issues persist in the US - the Fed shielding politicians from tough choices, ballooning our national debt. Powell laments inflation while his institution fueled it. It’s systemic, not just Powell. Time to acknowledge the root cause! This clip is from Episode 930 of The Peter Schiff Show. To listen to the full episode, visit SchiffRadio.com #draghi #europe #centralbank #eurozone #economy #bank #stagflation #debt #ecb #eur...