This didn't happen by "mistake"-----Soaring Energy Costs Push Eurozone Inflation to Highest Level in 13 Years

Soaring Energy Costs Push Eurozone Inflation to Highest Level in 13 Years

"Inflation in the 19 European countries that share the euro hit a 13-year high, challenging the European Central Bank’s (ECB) view that price pressures are largely benign and will soon fade.
...A surge in energy costs was behind the bulk of the inflationary pressure, with energy prices rising 17.4 percent over the year and 1.3 percent over the month in September.

...Lackluster output from Europe’s windmills...
...Policymakers (professional political liars!)at the ECB, like their counterparts at the Federal Reserve, have taken the view that inflation is transitory and will fade once supply chain dislocations abate...Read all.