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raised by its introduction. Despite the macroeconomic convergence already achieved and the institutional framework that has …
Persistent link: https://www.econbiz.de/10012443995
Economic cycles are driven by financial flows, namely quantities of savings and credits, and not by high street inflation or interest rates. Their sweeping destructive powers are expressed through Global liquidity, a $ 130 trillion pool of footloose cash. Global Liquidity describes the gross...
Persistent link: https://www.econbiz.de/10012203184