Geminello Alvi

Trust, Capital and Time

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Abstract

Most people believe that printing money has restored market trust. But from the point of view of the nature of capital, as seen by Von Hayek and Böhm-Bawerek, this belief is folly. Trust created by printing money would only rebuild the fictitious structure of public or private capital, thus paving the way to the next crisis.

Keywords

  • Trust
  • Capital
  • Time

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