A revista reason de outubro traz uma pequena coleção de análises de economistas liberais sobre o retorno da inflação nos EUA. Segue um trecho do sempre preciso Peter Schiff.
"The government clings to the fantasy that it will be able to "mop up" this excess liquidity before the business end of inflation kicks in, effectively taking money back out of circulation. Good luck with that. Recent history clearly shows that the authorities have no political will to dispense tough medicine."Removing liquidity"would require either much higher interest rates or a severe curtailment of credit. But politicians believe that credit is the "lifeblood" of our economy. President Barack Obama himself has said so. If the Fed was unwilling to raise interest rates substantially in the middle years of this decade, when the economy seemed healthy, how can we expect it to do so now?"
Nenhum comentário:
Postar um comentário