Stop printing money to fuel inflation

Signed: < 1000
Donated: < 1,000 EUR

Support the petition "Stop printing money to fuel inflation":
   


100% of the donations will be spend on supporting this petition (legal, agitation, administration, etc.). Every 1 EUR in donations allows us to reach 500 individuals with the petition message and get more signatures.


Summary:

The EU inflation jumped over 8% in May 2022. From gas prices to housing to food, the prices become unbearable. The politicians point fingers at the war, pandemic, etc., while the reality is very simple - the EU government simply prints money at the ever increasing speed.

Initiated:

June 2, 2022

Addressee:

European Central Bank

Author:

Paul Heuer

Stop printing money to fuel inflation

The EU inflation jumped over 8% (Eurostat EU inflation data). From gas prices to housing to food, the prices become unbearable. The politicians point fingers at the war, pandemic, etc., while the reality is very simple - the EU government simply prints money at the ever increasing speed.

Euro money supply chart https://tradingeconomics.com/euro-area/money-supply-m1 shows, that from the beginning of the pandemic EU flooded the economy with over (!) 2 Trillion EUR of new money, and after that prints the money twice as fast.

Inflation is NOT caused by any external reasons, it is a hidden tax that the government imposes on everybody for just holding money.

Stop printing money and return to sub 2% annual inflation, as required by the European Central Bank mandate!

Eupean Central Bank Monetary Policy:
https://www.ecb.europa.eu/ecb/tasks/monpol/html/index.en.html
"Our job is to maintain price stability. This is the best contribution monetary policy can make to economic growth and job creation. We keep prices stable by making sure that inflation – the rate at which the overall prices for goods and services change over time – remains low, stable and predictable. We are targeting an inflation rate of 2% over the medium term." Our commitment to this target is symmetric: we view inflation that is too low just as negatively as inflation that is too high."

Support the petition "Stop printing money to fuel inflation":
   


100% of the donations will be spend on supporting this petition (legal, agitation, administration, etc.). Every 1 EUR in donations allows us to reach 500 individuals with the petition message and get more signatures.

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Petition Timeline

  • 2022 Jun 02
    Petition initiated

  • 2022 Jun 02
    2022 Sep 02
    Signatures collected