... ya está trazado y lo pavimentan con cuidado los bancos centrales y los gobiernos de todo el mundo con sus políticas monetarias y fiscales. Así lo dice este artículo del Ludwig von Mises Institute. Si el mal que padecemos es el resultado de unas inversiones fallidas en inmuebles, el remedio de unos tipos de interés excesivamente bajos, nos llevará a la siguiente crisis, sin remedio.
To solve a problem caused by malinvestments resulting from easy credit at 1 percent interest rates, the Fed is supplying even more easy money at 0.25 percent. None of the malinvestments have been allowed to be liquidated.
Y al final del camino, una inflación galopante producto de mucho dinero en circulación buscando productos escasos
This means that total output will decline eventually because there are no investments being made to maintain capital and improve productive capacity. There may be blips here and there, but they are more likely to be the result of capital consumption than of any sustainable increase in output. Meanwhile, for reasons detailed below, the money supply will constantly increase. We then have the textbook case of more money chasing fewer goods, leading to rampant price escalation.
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