Bailing out banks is inflationary

posted by
February 22, 2012
Ludwig von Mises Institute
by Thorsten Polleit  
Posted in Commentary

"The latest wave of financial-market turmoil has been caused in particular by growing investor concern about the financial health of commercial banks, especially banks in the eurozone. It seems that investors have been increasingly losing confidence in banks' ability to live up to their payment obligations under 'normal' market conditions and to generate sufficient profits going forward." (02/22/12)  


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