Banca centrale europea – Relazione annuale 2025

Presentato da Rada Laykova, Siegbert Frank Droese

Aggiunto: 8a. Considers that the strong increase in money supply in the decade prior to the surge in inflation, which was mainly due to the zero interest-rate policy, the asset purchase programmes and, in particular, the sharp increase in money supply immediately prior to the surge, i.e. during the COVID-19 emergency measures, combined with the sudden increase in the velocity of money following the end of the COVID-19 restrictions, as well as the sudden supply contraction of essential resources as a result of EU sanctions, created a textbook case for a predictable sharp surge in inflation due to the neutrality of money;

Testo come pubblicato dal PE, in inglese. PE782.063v01-00