The cover of the pro-government, Hungarian business magazine Figyelő featuring the head of the Federation of Hungarian Jewish Communities was anything but subtle, playing on the insidious conspiracy trope about “Jewish” financiers. András Heisler was pictured with 20,000 forint banknotes floating all around him.

Almost as worrisome is the reaction of Jews in Budapest. When the issue came out last December, the federation condemned yet another display of blatant anti-Semitism, describing the cover as “incitement,” saying it “revives centuries-old stereotypes against our community.”