The Firefighter Arsonist’s Paradox – Central Bankers Are Now Worried About Inflation.

Yet inflation is the product of their ultra-accommodating monetary policies.

Within the European Central Bank, there are a few hawks who are constantly pushing Christine Lagarde to take real action to fight the risk of inflation. Among these hawks is Klaas Knot, the governor of the Dutch Central Bank (DNB). While the ECB has been practicing negative interest rates for several years now, Knot has always been among those who have …