martes, 9 de abril de 2013

"INFLATION AND VICTORY"


Finally somebody agrees with me and anything less it is the International Monetary Fund (IMF) it seems that they have also been given bill that the stability of the prices sustained during the recession should allow to the monetary authorities to apply a more accommodating politics in which fits some stimuli because they would have some not very significant effects in fact on the current inflation. In this sense, the international institution sustains in its report 'Perspectives of the world economy' that, since the long term inflationary expectations remain firmly anchored, it is probable that the inflation also stays stable as you secures some measures more liberal to promote the recovery.  

As I come saying an and another time, the fears at a high inflation level should not prevent that the monetary authorities apply a much more accommodating monetary politics that allows to unblock the stagnation partly and even the recession of many economies of the euro area - "Any stimulus excessive storm of the economy (...) he will probably have not very significant effects on the inflation", they say those of the IMF.  

The European Central Bank (BCE) he should not fear to be exceeded in providing a "envelope stimulus" to the economy through their monetary politicians, while they remain well anchored the inflation perspectives and maintain safe their credibility and independence, he should not fear to be exceeded temporarily in their objectives while their credibility is not in risk, the problem that I always show is that the BCE is tied by the German economy that he doesn't want a general reactivation because it would be the same thing that to be created the competition at home.  

Germany is mistaken a moderate inflation cannot take more than to the depression of the economies that they are not possessors of some strong and competitive industrial structures these economies they require of a much more feeding of money to survive and also to maintain to the own German economy and this is what is happening and the only way to break this cycle is contributing new liquidity that allows to cover the financing necessities for the restructuring of the economies in decline to very low cost. A low level of prices and of costs it necessarily is not equal to a balanced economy. 

He has given me a morals point to read that the IMF tries to influence in something more than it is not the politics of the fear and the German accommodating selfishness, you that sooner or later the German economy will perish drowned by its own fear to that the des capitalized the vagrants of the South, but it is that against more fear they have less the reality that is see that it is its own theory the one that impoverishes all the economies of the euro and them every time but they should assume to feed them because otherwise at the end themselves will die squashed by the weight of supporting the debts of the other ones, it is that simple, to my and the IMF he looks like each other this way it.  

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