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One of the reasons that the USA slowly reached a price level, comparable with level of an inflationary debt, consists that money is not spent completely in the country. The goods got for inflationary dollars, extended across Europe and Japan or were destroyed in Korea and Vietnam.
When Europeans in 1950 and 1960th years showed discontent that we export our inflation by it, we felt offended that they do not thank us for our generosity. That we did, so it occupied to lend to them so that they could buy from us. We did not give them the real money based on a dale of our efficiency, and the debt based on possibility of the government to let out the bond.
Our economy is inclined pereproizvodit - why it so it becomes clear in the fifth chapter. In a wartime our overproduction collapsed also quickly as it was created. At the time of cold war it was eliminated in stocks of nuclear arms. While process created workplaces and growing wages funds that usually should drive cost of the accessible goods upwards, the countries restored after war accepted surplus.
When the European production became competitive, the Americans involved with lower prices of the foreign goods, have started them to import. Importing the foreign goods paid by inflationary dollars, we continued to export our inflation. Now our inflation comes back back as the foreign capital in our share market and the real estate. The world any more is not our safety valve.
When the government has turned the expenses from the weapon on oil and internal programs, we have started to test the inflation which rates of increase are expressed by two-place number which our economy made all time. The share market has absorbed surplus in 1950th years. Consumers have absorbed in 1970 and the beginning of 1980th of the Policy accused the OPEC, uranianskoe means which has taken root into ours neptuniansky the house.
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