“The current situation is stable with positive perspectives”
By Don Quijones: A few weeks ago, few people had heard of the ECB’s Governing Council Member Vitas Vasiliauskas. In the last week that has all changed, thanks to a surreal interview Vasiliauskas gave to Bloomberg in which he described Europe’s central banksters, with apparent deadpan seriousness, as “magic people” endowed with limitless powers to shape Europe’s economic environment:
“Markets say the ECB is done, their box is empty. But we are magic people. Each time we take something and give to the markets — a rabbit out of the hat.”
It is arguably the most absurd — and honest — description by a central bankster of the role of modern central bankstering in today’s economy. On Wednesday Vasiliauskas gave Reuters an eagerly anticipated follow-up interview. In it he waxed lyrical about the Eurozone’s rosy economic outlook.
“The current situation is stable with positive perspectives,” Mr Vasiliauskas gushed. “So if you ask me what do you think about possible steps during the summer, my answer would be: nothing.”