Capital and the Pitfall of State Intervention - Deflation and Inflation
by Pal Dragos (9783839128374)

Capital and the Pitfall of State Intervention - Deflation and Inflation
 
Pal Dragos
Release Date: 01 September 2009
Format: Paperback
Pages: 60
Category: Banking
Publisher: Bod
ISBN: 9783839128374
ISBN-10: 3839128374



The financial and economic crisis which developed at the end of this decade has led many states worldwide to pour millions into rescue packages as an attempt to save the global economy. We find ourselves, in the second half of 2009, in a bubble of expectation. Soon after this bubble bursts it will become obvious that these rescue packages are going to backfire. The change in significance of the government organizations in today's postmodern world no longer allows for this type of meddling in the economy. The results of it are deflation and inflation. The author also addresses structural requirements of successful economic controls for future societies.

AUD $30.95

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