Trichet: "ECB Still Focused on Fighting Inflation"

[makloda]

Quote from kashirin:
I'm not sure at all we need such growth
I'm not ready to buy new t-shirt every 2 hours for economy to grow.
I just don't need it

That's all great for you, God bless you. Did you ever consider not everybody enjoys living in a tent and driving a Trabant?

 

[Ivanovich]

Quote from kashirin:

I don't agree here. What you want from money is not to promote growth but you need to know how much money can buy

And with the fiat currency you need someone who will think exclusively how to save money value

If those conditions are met then economy will grow _if_it_needs to grow

Explain me one thing - why do we need economy growth here in US through consumer consumption?
Don't we consume enough? Europe consumes much less

I'm not sure at all we need such growth
I'm not ready to buy new t-shirt every 2 hours for economy to grow.
I just don't need it

I think you're saying that the most important function of any CB would be to protect the value of it's currency. If that is the case, then I am agreeing with you and we're saying pretty much the same thing. But if ever there was a bank that should have a dual mandate it is the ECB because of the vast differences between the economies of it's members.

 

[kashirin]

Quote from makloda:

That's all great for you, God bless you. Did you ever consider not everybody enjoys living in a tent and driving a Trabant?

makloda all you consume will be margin calls from naked puts you love to sell

 

[Daal]

Quote from kashirin:

makloda all you consume will be margin calls from naked puts you love to sell

selling puts its just what your doing when as fed chairman you keep rates at 5.25% with the banking system this bad

 

[makloda]

Quote from kashirin:
makloda all you consume will be margin calls from naked puts you love to sell

Yes, anybody who doesn't agree with your view of the world will blow up their accounts. Good luck trading buddy.