Daniel Lacalle vigorous book subtitled "How to Escape From the $20 Trillion Monetary Expansion Unharmed" tries to explain the fallacies of the monetary policies summed to the imbalances and ineptitude in the macroeconomy action from Governments. Effectively the Dollar centric system is here to last, the export model without internal strong consumption tends to create a weakness; actually, inflation is tightly tied to low-interest rates and the perpetuating of QE bubble that determine large investment on short term assets ready to escape at the first-rate increase and thus creating an enormous crisis. The author's advice is to inject fresh resources into the real economy by cutting the taxes to the middle class and stabilize the interest rate at a more manageable high point instead of maintaining to zero very long creating money from nothing.
