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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