Say "NO !" to the ECB’s intent to increase rates as mentioned by Jean Claude Trichet and programmed for the 3rd of July 2008
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Origin of the signatories
Press Book
 32% France
 24% Spain
 9% Germany
 8% Italy
 27% Other
Last update: 15/07
03/09 - Bloomberg TV : Invité de l'émission Forum
28/08 - France Info : Journal de la bourse
11/08 - BFM Radio : Invité de Good Morning Business
09/08 - Bloomberg TV : Emission Les enjeux de l'économie
06/08 - BFM Radio : les grands débats sur les risques de récession en France
05/08 - Europe 1 : Emission sur la crise bancaire
07/07 - France Info : A la une du web.
07/07 - Le Journal du Dimanche : les temps forts de la toile.
05/07 - Le Monde : article sur la BCE.
04/07 - France 3 : Reportage sur la BCE et stoptrichet.com
04/07 - France Culture : Interview sur la BCE
03/07 - France Inter : Itw sur stoptrichet.com
03/07 - Radio Classique : Itw sur la BCE
03/07 - L'Est Républicain : Buzz autour de stoptrichet.com
03/07 - Le Nouvel Economiste : dossier sur la stagflation
02/07 - I-télé : Invité du journal de l'économie
02/07 - CNBC : ECB's Rate Hike Likely to Bring Boos.
02/07 - Le temps (Suisse) : Fronde ŕ la veille de la décision de la Banque centrale européenne .
01/07 - Der Tagesspiegel : Trichet auf Kurs zu höheren Zinsen.
01/07 - International Herald Tribune : Analysts expect ECB to raise interest rates by at least a quarter percent Thursday.
01/07 - Lefigaro.fr : «Stop Trichet», une pétition contre la politique de la BCE.
01/07 - Associated Press : ECB expected to raise rates Thursday
01/07 - BFM : Invité de l'émission Good Morning Business
01/07 - Les Echos : Arrętez Jean-Claude Trichet
30/06 - Associated Press : Euro inflation hits new high of 4 percent, pressures ECB
30/06 - Bloomberg News : Trichet Sides With ECB's Inflation Hawks, Risking Weaker Growth
30/06 - Tagesspiegel : Trichet auf Kurs zu höheren Zinsen
26/06 - Paris-Match : STOP TRICHET...
25/06 - BFM : Invité de l'émission "Les grands débats"
23/06 - Suisse : Tages-Anzeiger, „Rebell gegen die Herrschaft der Zinsen“.
21/06 - CNN.com : French economy forecast to halt
21/06 - Frankfurter Rundschau : Online-Kampagne gegen Europäische Notenbank
21/06 - Eldebat.cat : Neix la web ‘Stop Trichet’ contra el “dogmatisme del BCE”
20/06 - France 3 : interview dans le 19-20 et le soir 3
20/06 - Challenges.fr : Interview sur la croissance française et stoptrichet.com
20/06 - France 2 : Invité du journal de 13h.
20/06 - International Herald Tribune : internet campaign aimed at stopping ECB President.
20/06 - BFM TV : plusieurs interviews dans la journée
20/06 - BFM : Emission Good Morning Business
20/06 - Europe 1 : Invité du Journal de 8h
19/06 - Associated Press : French economy forecast to halt.
19/06 - Diario de Noticias : BCE: VÍTIMA OU CULPADO DA CRISE?
19/06 - Une vingtaine de sites espagnols : Recolección de firmas
19/06 - Une vingtaine de sites allemands : EZB-Geldpolitik: Plattform "Stop Trichet"
19/06 - Il Sole 24 ore : Contestazione via web: un economista francese contro la Bce
18/06 - Une quarantaine de sites anglo-saxons : "Stop Trichet" web petition says no to rate hike.
18/06 - CNBC : Europeans Go Online to Stop ECB Rate Hike
18/06 - Bloomberg TV : invité du journal de 8h45
18/06 - Spiegel : Französischer Ökonom startet Online-Kampf gegen EZB
17/06 - US Daily : "Stop Trichet" web petition says no to rate hike
17/06 - 20minutos : 'Stop Trichet', los internautas se rebelan contra la subida de los tipos de interés
17/06 - Handelsblatt : article sur les raisons de la pétition
16/06 - Reuters Germany : article expliquant la pétition
16/06 - Reuters Spain : article expliquant la pétition
16/06 - Reuters : article expliquant la pétition
16/06 - Economie Matin : article d'Eric Revel
13/06 - Europe 1 : Invité de l'émission "Le Club d'Europe 1"
13/06 - 20minutes.fr : Interview sur le pourquoi de la pétition
13/06 - I-télé : Invité de l'émission Y pas que le Cac.
12/06 - RFI : Invité du journal de 20h
12/06 - LCI : L'invité de l'économie.

5 reasons among many others to say Stop the dogmatism of Jean-Claude Trichet:
  1. Raising rates by the ECB will not reduce inflation. Indeed, a rise in interest rates will fight against inflation if the latter is due to demand exceeding supply, ie a strong growth. Raising rates reduces demand, then inflation. Today, inflation is mainly due to soaring prices of raw materials, which for two-thirds is due to speculative pressures. Increasing the refi rate will not reduce the latter. Quite the contrary.
  2. Raising interest rates will aggravate inflation for euro landers. Indeed, if the ECB's refi rate increases, the euro will rise again, the dollar will fall, therefore oil prices will rise. In other words, wanting to fight against inflation by increasing interest rates, the ECB would actually increase the latter.
  3. Increasing the ECB's refi rate would chip into growth for euro landers which is already very fragile. Should we recall that retail sales (a leading indicator of household consumption) are currently near its lowest historical levels? Should we also recall that the economic sentiment index calculated by the European Commission announced an economic growth within the euro zone of only 1.2% by next fall? In other words by increasing rates, the ECB will aggravate stagflation (economic stagnation and high inflation).
  4. By acting consistently in a dogmatic stance and not by economic pragmatism, the ECB has become the best ally of Euro sceptics and weighs on the credibility and sustainability of the euro zone.
  5. With the exception of a few well-righteous and / or supporters of the single thought, all the euro landers are aware of the faults which we have mentioned above. Everyone is complaining, but nobody acts. But it is no longer possible to support a dogmatic ECB, with cynical and contemptuous regard to businesses and citizens within the euro zone.
Signing this petition for a responsible ECB, you can finally act.

Marc Touati