{"id":203376,"date":"2022-04-13T12:45:54","date_gmt":"2022-04-13T12:45:54","guid":{"rendered":"https:\/\/bm.dev.synology.me\/?p=203376"},"modified":"2022-04-13T12:45:54","modified_gmt":"2022-04-13T12:45:54","slug":"avertisment-balaurul-inflatiei-s-a-trezit-iar-bce-trebuie-sa-renunte-la-iluzii","status":"publish","type":"post","link":"https:\/\/bm.dev.synology.me\/?p=203376","title":{"rendered":"Avertisment: Balaurul infla\u0163iei s-a trezit, iar BCE trebuie s\u0103 renun\u0163e la iluzii"},"content":{"rendered":"<p>\n\u00cens\u0103, ca unul dintre fondatorii monedei unice europene, comentariile acestuia au mai mult\u0103 greutate dec\u00e2t cele ale majorit\u0103\u0163ii concet\u0103\u0163enilor s\u0103i.<\/p>\n<p>\nRata anual\u0103 a infla\u0163iei din Germania a crescut \u00een martie mai rapid dec\u00e2t \u00een februarie, ating\u00e2nd cel mai ridicat nivel din toamna anului 1981, potrivit datelor Destatis. Pre\u0163urile de consum au urcat cu 7,3% anual.<\/p>\n<p>\nPrimul economist-\u015fef al BCE \u00een momentul cre\u0103rii acesteia \u00een 1998, a declarat pentru Financial Times c\u0103 banca central\u0103 sufer\u0103 de o \u201ediagnosticare gre\u015fit\u0103\u201c a factorilor afla\u0163i \u00een spatele cre\u015fterii dramatice a pre\u0163urilor, tr\u0103ind \u201e\u00eentr-o iluzie\u201c ce minimizeaz\u0103 pericolul ca infla\u0163ia s\u0103 scape de sub control.<\/p>\n<p>\n\u201eBCE a contribuit masiv la aceast\u0103 capcan\u0103 \u00een care se afl\u0103 acum pentru c\u0103 ne \u00eendrept\u0103m c\u0103tre riscul unui mediu stagla\u0163ionist\u201c, a declarat Issing. \u201eInfla\u0163ia era un dragon adormit; acest dragon s-a trezit acum\u201c, a avertizat acesta.<\/p>\n<p>\nFo\u015ftii s\u0103i colegi de la BCE anticipeaz\u0103 c\u0103 mul\u0163i dintre factorii care \u00eemping \u00een sus pre\u0163urile se vor estompa rapid de la finalul acestui an, infla\u0163ia urm\u00e2nd s\u0103 scad\u0103 din nou sub 2% p\u00e2n\u0103 \u00een 2024, \u00eens\u0103 potrivit lui Issing ace\u015ftia ignor\u0103 riscul ca pandemia \u015fi r\u0103zboiul din Ucraina s\u0103 \u0163in\u0103 infla\u0163ia ridicat\u0103 prin inversarea a 30 de ani de globalizare.<\/p>\n<p>\n\u201eBCE s-a bazat pe modelul s\u0103u de forecasting, dar acest model nu poate emite semnalele corecte pentru c\u0103 este bazat pe trecut\u201c, potrivit lui Issing.<\/p>\n<p>\nR\u0103zboiul din Ucraina \u015fi sanc\u0163iunile impuse Rusiei vor aduce schimb\u0103ri mult mai ample pentru economia \u015fi pie\u0163ele europene dec\u00e2t crize anterioare ca pandemia, avertizeaz\u0103 \u015fi economi\u015ftii, potrivit CNBC.<\/p>\n<p>\n\u00cen contextul r\u0103zboiului din Ucraina, liderii europeni sunt for\u0163a\u0163i s\u0103-\u015fi accelereze planurile de reducere a dependen\u0163ei de energia ruseasc\u0103, \u00eens\u0103 aceast\u0103 decuplare agresiv\u0103 vine cu un pre\u0163 pentru economia european\u0103, \u00eemping\u00e2nd infla\u0163ia deja ridicat\u0103 la niveluri record.<\/p>\n<p>\nAstfel, pentru economia european\u0103 \u201enu exist\u0103 nicio posibilitate de revenire la vreo normalitate de orice fel \u00een acest moment\u201c, avertizeaz\u0103 Carsten Brzeski, de la ING.<\/p>\n<p>\nUn alt avertisment privind infla\u0163ia ridicat\u0103 vine din partea Peterson Institute for International Economics. Institutul arat\u0103 c\u0103 riscurile ca economia mondial\u0103 ca \u00eentreg s\u0103 intre \u00een recesiune p\u00e2n\u0103 la sf\u00e2r\u015fitul anului sunt \u00een cre\u015ftere din cauza infla\u0163iei record.<\/p>\n<p>\nO combina\u0163ie de factori, printre care cre\u015fterea puternic\u0103 a pre\u0163urilor petrolului \u00een urma r\u0103zboiului din Europa, sc\u0103derea cheltuielilor consumatorilor pe fondul celor mai ridicate pre\u0163uri din patru decenii \u015fi \u00eencetinirea cre\u015fterii Chinei, spore\u015fte \u015fansele ca economia mondial\u0103 s\u0103 alunece \u00een recesiune,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asemeni multor germani, Otmar Issing este alarmat de cre\u015fterea infla\u0163iei la maxime pe 40 de ani \u00een \u0163ara sa \u015fi \u00eengrijorat de reac\u0163ia eronat\u0103 a B\u0103ncii Centrale Europene fa\u0163\u0103 de urcu\u015ful dramatic al pre\u0163urilor. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[8225,184],"class_list":["post-203376","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-analiza","tag-inflatie"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/203376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=203376"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/203376\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=203376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=203376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=203376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}