On the other hand, downside risks relating to predominantly global factors continue to exist. According to Eurostat’s flash estimate, euro area annual HICP inflation was 1.4% in May, following 1.9% in April and 1.5% in March. As expected, the recent volatility in inflation rates was mainly due to energy prices and temporary increases in services prices over the Easter period.
You need an organised and a regulated entity to ensure that the innocent and weak parties are protected. Any democratic set up cannot dismiss it quoting ‘Consenting Adult’ argument. ‘Consenting adult’ argument cannot be presented when mass scale failure takes place.