L'Etat, c'est la grande fiction à travers laquelle tout le monde s'efforce de vivre aux dépens de tout le monde. Frédéric Bastiat

vendredi 13 mai 2005

Mondialisation et inflation

La mondialisation des échanges réduit les taux d'inflation :

Increased globalization of financial services may be a factor in lowering inflation rates around the world, Federal Reserve Vice Chairman Roger Ferguson said Thursday in a speech for delivery in San Francisco.

In his prepared remarks, Ferguson said, "It may be that globalized financial markets are more effective at punishing inflationary policies and that increased competition in goods markets helps to tame inflationary pressure."