ECB: Central Planners Panic as Trump's Policy Challenges Their Control In a telling display of central planning anxiety, European monetary authorities expressed grave concerns about potential US tariffs. The bureaucrats, desperately clinging to their own interventionist playbook, warn of challenges to their artificial price control mechanisms. Key officials from the European purchasing power destruction bank (ECB) raised alarms about their diminishing ability to manipulate markets if new US policies strengthen the dollar and introduce actual tariffs into international trade. The central planners' fears center around: - Loss of artificial price control - Market-driven currency values - Reduced ability to manipulate interest rates - Real competition entering markets - Actual price discovery mechanisms Most telling was their admission of being "unprepared" for market forces in 2018 - a rare moment of bureaucratic honesty about their reactive rather than market-driven approach. https://www.reuters.com/markets/trumps-policies-will-put-upward-pressure-inflation-ecbs-holzmann-says-2024-11-12/ #CentralPlanningFails #FreeMarkets #ecb #tariffs #bitcoin #eu #usa #trump