Euro collapses, as oil, food and inflation spike across Europe. European Central Bank president Christine Lagarde claims inflation for Europe is different to America,

(Chart 1)

(Chart 2)

The European Dollar (Euro) has, like the Japanese YEN, collapsed against the Greenback, on a monthly chart sliding over 5%.  In eight days of trading the EUR fell from 1.09 to 1.05 against the U.S. Dollar.  Chart 1.

Chart 2, shows the reason and  economic problems the Eurozone face, as noted the EUR is reaching very close to parity with the U.S. Dollar and Putin as an economic payback could make it fall further casing a wave of stagflation conditions within the European Union.  How?  Shutting of the gas supply, to which he has already done to Poland and Bulgaria.  The pale blue line beneath is Europe's food inflation, which has spiked year-over-year, the purple line underneath is overall inflation (y-o-y) which, yes, is also spiking.  The line beneath is the Euro Area interest rate at 0.00%

All eyes on Christine Lagarde, President of the European Central Bank who has continued to deny inflation and offered bizarre excuses why she won't increase rates, rather keeping them at 0%, claiming that US/global inflation is different to Europe (?).  Still,  if house prices in Paris keep on rising, you'll get taxed on higher food/energy prices.