Frank Shostak
Kloka ord Frank Shostak på Mises Institute.
FRANK SHOSTAK PÅ MISES INSTITUTE OM USA
”Strong bounce in capital good orders since 2009 is on account of an extremely loose monetary stance by the Fed. A downtrend in the growth momentum of the money supply since October 2011 will lead to that various bubble activities come under pressure. The build up of a wrong infrastructure is going to slow down – and fewer pyramids will be built. The diversion of real wealth to bubble activities will slow down and an increase in wealth generating activities will start.”
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