The EU is a bankers' dictatorship founded upon Seigniorage

[Kooky]

The EC.

The European Council

Members of the European Council
The members of the European Council are the heads of state or government of the 27 EU member states, the European Council President and the President of the European Commission.

The High Representative of the Union for Foreign Affairs and Security Policy also takes part in European Council meetings when foreign affairs issues are discussed..

Decision-making process
The European Council mostly takes its decisions by consensus. However, in certain specific cases outlined in the EU treaties, it decides by unanimity or by qualified majority.

If a vote is taken, neither the European Council President nor the Commission President take part.

So the heads of government of all 27 EU member states, including Italy, were in on this conspiracy, and came to a consensus and/or unanimous decision to extralegally force Italy to change prime ministers?
Where is your evidence for that?

 

[Estro Felino]

The European Council


So the heads of government of all 27 EU member states, including Italy, were in on this conspiracy, and came to a consensus and/or unanimous decision to extralegally force Italy to change prime ministers?
Where is your evidence for that?

No. European Commission.
Watch the video in the OP. Nigel Farage says they did.

 

[Kooky]

How? They phoned the president of the Italian Republic.

Is there evidence of this call?

 

[Estro Felino]

Is there evidence of this call?

Question.
The president of the Italian Republic is supposed to obey the European Commission or the Italian People?

 

[Kooky]

No. European Commission.
Watch the video in the OP. Nigel Farage says they did.

Oh, of course, if Nigel Farage, provably corrupt former EMP, says something, it just has to be true!

Ask your fellow British posters here on RF what Farage promised about Brexit, and what happened in the real world instead.

 

[Kooky]

Public servants are called public servants because they have to serve the public interest.
The interests of the weakest.

You mean, refugees, the homeless, and other destitute people?
How would they be served by a fascist economy driven by the popular support of xenophobia and the exploitation of rightless migrants?

 

[Kooky]

Question.
The president of the Italian Republic is supposed to obey the European Commission or the Italian People?

If somebody makes a claim about something that allegedly happened, does their utter lack of evidence suggest that it happened, or that it didn't happen?

If I told you that I was behind everything bad that happens in Italy because I have every politician who ever did anything bad under my thumb, would you believe me sight unseen?

Would you believe me if Nigel Farrage vouched for me after I gave him 88k in bribes?

Something to think about!

 

[Heyo]

A question.
In your opinion, does the ECB serve private interests (big banks, big corporations) or the public interest ( real economy, small businesses, farmers, etc...)?

Price stability serves all. The problems with the ECB is not what the ECB is doing now, it is what it is allowed to do if it wants.

 

[Estro Felino]

Price stability serves all. The problems with the ECB is not what the ECB is doing now, it is what it is allowed to do if it wants.

I believe that the ECB is supposed to become a unlimited lender of last resort.
I give you an example.
Spain needs 50 billion euros to rebuild hospitals, emergency rooms, to hire new health staff.
Well...the ECB prints these 50 billion euros and gives them to Spain.
There...easy as pie.
And yet...the ECB does not help the Eurozone States. It only helps corporatiins and incredibly wealthy people who cannot breathe unless their gain their daily million of euros.


I remember when certain Dragons were the president of the ECB.
Cuts, cuts, cuts on healthcare.
And in fact the results....we have been seeing them ...in the last 2 years.

 

[Estro Felino]

Price stability serves all. The problems with the ECB is not what the ECB is doing now, it is what it is allowed to do if it wants.

I couldnt care less about price stability since the Phillips curve shows that zero inflation leads to more and more unemployment.
I didn't say that. Phillips did.

So these shameful devilish ECB is disposed to sacrifice employment (labor) to the altar of the god Euro.

 

[oldbadger]

Finally the EU has taken off its mask...les jeux sont faits

Bruxelles imposed to the President of the Italian Republic (who has the exact same power as the Queen in UK) to overthrow the Government, by violating the Constitution and to nominate as Prime Minister a Freemason from the IMF. A Slave of Bruxelles.
It's a coup d'état wanted by the European Commission. First time in history of my country.

Good Luck to 'em!
(I'm a Brit..... )

Has the Queen of England ever refused to nominate a PM legitimately elected?

I think that the young Queen Victoria might have done so....in a way. She refused to recognise a new PM (can't remember who) and he resigned....there was a great to-do about it.

It's useless to vote...they will never allow a anti-EU government in Bruxelles.

Well.....yeah....fair enough. Very few governments in the World have ever voted to extinguish themselves completely. In the UK we might have some problems with obtaining our regular cereal, or bin bags, or certain kiddies' sweets etc, but at least we are separated from the EU. Now all we've got to do is to find a real leader!

 

[Heyo]

I believe that the ECB is supposed to become a unlimited lender of last resort.
I give you an example.
Spain needs 50 billion euros to rebuild hospitals, emergency rooms, to hire new health staff.
Well...the ECB prints these 50 billion euros and gives them to Spain.
There...easy as pie.
And yet...the ECB does not help the Eurozone States. It only helps corporatiins and incredibly wealthy people who cannot breathe unless their gain their daily million of euros.


I remember when certain Dragons were the president of the ECB.
Cuts, cuts, cuts on healthcare.
And in fact the results....we have been seeing them ...in the last 2 years.

I couldnt care less about price stability since the Phillips curve shows that zero inflation leads to more and more unemployment.
I didn't say that. Phillips did.

So these shameful devilish ECB is disposed to sacrifice employment (labor) to the altar of the god Euro.

Wait ... you are scolding the ECB for not doing their job in one post and scold them for doing their job in the second?

The goal of price stability was set by the EU, not by the ECB itself and the EU did good in making the ECB independent from the greedy wishes of the politicians.

There are many flaws in the ECB but that isn't one.

 

[Estro Felino]

The goal of price stability was set by the EU, not by the ECB itself and the EU did good in making the ECB independent from the greedy wishes of the politicians.

And I am utterly against this goal.
The goal of the ECB should be to guarantee full employment. Even at cost of a slight inflation.

Overvaluation is the goal of those despicable financial élites who benefit from a strong Euro...which can never be devalued.

So the poor unemployed of Europe have to blame this devilish system of Eurocracy.

I am not the only one who says that.
Ask all populists in Italy.

 

[Estro Felino]

the greedy wishes of the politicians.

...whereas bankers are not greedy?

 

[Estro Felino]

@Heyo
Are you happy if Italy quits the €?

 

[Heyo]

And I am utterly against this goal.
The goal of the ECB should be to guarantee full employment. Even at cost of a slight inflation.

Overvaluation is the goal of those despicable financial élites who benefit from a strong Euro...which can never be devalued.

So the poor unemployed of Europe have to blame this devilish system of Eurocracy.

I am not the only one who says that.
Ask all populists in Italy.

Price stability includes a (more or less) moderate amount of inflation. Even the ECB knows that inflation is a hidden tax and that most governments rely on that additional, secret income.

Guaranteeing employment is not the task of a central bank, it is not even the task of a government (unless it is socialist). A government only has to prevent massive unemployment by allowing the economy to function.
(That is of course easier with inflation. Businesses also love inflation because wages always lag behind prices.)

 

[Estro Felino]

Price stability includes a (more or less) moderate amount of inflation. Even the ECB knows that inflation is a hidden tax and that most governments rely on that additional, secret income.

Guaranteeing employment is not the task of a central bank, it is not even the task of a government (unless it is socialist). A government only has to prevent massive unemployment by allowing the economy to function.
(That is of course easier with inflation. Businesses also love inflation because wages always lag behind prices.)

The question is: how can a Government guarantee full employment if a Central Bank (ECB) stole the monetary sovereignty (including the power to control the demand and supply of money, the control of inflation) from the Eurozone states governments?

It is like my teacher stole my pen from me and still expected me to write an essay.
I still have the paper...but I cannot write unless I have a pen.

 

[Heyo]

The question is: how can a Government guarantee full employment if a Central Bank (ECB) stole the monetary sovereignty (including the power to control the demand and supply of money, the control of inflation) from the Eurozone states governments?

It is like my teacher stole my pen from me and still expected me to write an essay.
I still have the paper...but I cannot write unless I have a pen.

How did the governments of the regions, provinces and cities do it? They didn't have monetary sovereignty before the Euro.

 

[Estro Felino]

How did the governments of the regions, provinces and cities do it? They didn't have monetary sovereignty before the Euro.

Italy is not a federal Republic. The State only (Rome) has the authority to favor employment through state law.

You didn't answer my question about Italy quitting the Euro

 

[Heyo]

Italy is not a federal Republic. The State only (Rome) has the authority to favor employment through state law.

Federal republic or not, there are ways to ensure employment without monetary sovereignty. It's not that Italy has lost it's ability to tax it's people and corporations or to set up employment laws.

You didn't answer my question about Italy quitting the Euro

I haven't thought about it nor was I aware there was a movement to do so. It would end up with similar results as GB leaving the EU. It wouldn't be good for the EU but it would be devastating for Italy.