Money value (Dirk Claeys)
the ECB is not a government institution but a world private bank! After 1971 the NIXON debakle who took the step back to uncouple the printed money in the world from gold, every country can print unlimited money, so money is simply hot air, even the guarantee that the government guarantees € 100,000 in the event of failure is air because their cashier is empty!
So tomorrow you can wake up and hear in the news that the euro has been devalued! E.g.. for every 100 € do you get 1 €?