"If it did not go up the taxes, ECB was at the hands of the FED"

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By loansandmortgage

"If it did not go up the taxes, ECB was at the hands of the FED"

The former-minister of the Finances Jorge Braga de Macedo notices that the world lives a contradictory situation. The inflating pressure coexists the deflation that if verifies in the value of the assets.

Jorge Braga de Macedo revealed to the press its agreement with the decision today adoptee for the European Central banking (ECB) to go up the taxes of interest in 25 points. "If it did not go up the taxes, the ECB was at the hands of Reserva American Federal (FED) and reduced its capacity of maneuver", it related the economist.

Braga de Macedo believes that the FED will have before the end of the year imitating the ECB and going up its taxes of reference. And accented that the current financial situation demands a narrow cooperation between some economic blocks. The difficulty is that the logic and culture of the European Union and United States are very different of the block BRIC-Brazil, Russia, India and China, countries that "if they prevail for a model of thought of the XV century.

Braga de Macedo recognized that the world lives a moment of deep contradiction. Of a side, one strong inflating pressure, stimulated for the price of the oil. Of the other, the deflation that elapses of the continuous fall of the price of the movable and real estate assets.

However, Braga de Macedo notices that these threats have different dimensions. The financial crisis is of short term and could inside be exceeded of one year, while the inflating pressure lode to be. "It is for lasting at least one decade. She is necessary to find to the oil and a new energy paradigm alternative. And this leads at least 10 years.

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