This crisis has been caused by arrogant central banks

The market has become distorted and corrupted, sending out misleading price signals

A board displays the chart of Germany's

“It was Friedrich von Hayek, the great Austrian economist, who explained just how central the price system is to capitalism and our civilisation’s astonishing prosperity. The fact that goods, services, assets, money, time, ideas and risk all come with a price attached allows resources to be allocated remarkably effectively.”

Read more at the Telegraph…

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