Despite Our Own Inflation, the Dollar Dominance Takes Down the Yen and Euro BY Thorsten Polleit SOURCE: Mises Wire

ECB president Christine Lagarde publicly said on June 29, 2022: "I do not think that we will return to a low-inflation environment." With these words, Lagarde is disregarding the ECB's mandate as laid out in the Maastricht Treaty, which stipulates that the ECB must ensure "price stability" and give this goal priority over all other goals.