mardi 29 janvier 2019

Our present and future economy: where does EU stand?

We already are in a world with low inflation and by the way with low yield for bonds and cash. Innovation, competition and globalism create a decrease of prices by a better allocation of resources, on the contrary, a monetary expansion, which is questioned about its role in growth,  distorts the economy and increases the prices of goods notably those exchanged outside or marginally outside the global market.

https://www.bastiat.net/reprise-de-la-croissance-la-politique-economique-comme-mouche-du-coche/?fbclid=IwAR1u_IiixF677EZyJOAARGtQig0D1aGqt79MYOIvJruVPNcu6rXZWVXIAdo




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