donderdag 4 november 2010

Nederlanders bang voor inflatie

‘Nederlanders zien niets in monetaire verruiming Fed’ viel eerder vandaag te lezen op de site van de financieel-economische zender RTLZ. De Nederlander is bang dat het beleid van de Fed, de Amerikaanse centrale bank, tot nog meer problemen in de toekomst zal leiden. Bijvoorbeeld in de vorm van hoge inflatie of, zoals 15 procent van de bezoekers van rtlz.nl verwacht, hyperinflatie.

Vandaag heeft ook de Europese Centrale Bank vergaderd. Die gaat de Fed, zoals het er nu uit ziet, niet achterna.

De ECB is al sinds het begin van de crisis veel terughoudender dan de Fed met het geld pompen in de economie. Waar de Fed, met een enkele tegengeluid, nu al 1.700 miljard dollar gespendeerd heeft aan onder meer het opkopen van de Amerikaanse staatsobligaties en de komende maanden nog eens 880 miljard dollar daarvoor gaat gebruiken, is binnen de ECB sprake van openlijke ruzie over, let op, zo’n 63 miljard euro, die de ECB tot nu toe uitgegeven heeft aan staatsobligaties van de zwakke eurolanden land Griekenland en Portugal (dat is ongeveer 2,5 procent van het bedrag dat de Fed in Amerikaanse staatsobligaties tot en met juni zal stoppen).

Zoals ik deze week in onder meer de Volkskrant en op Radio 1 heb gezegd, is flink hogere inflatie daardoor onze toekomst. Het beste wat te doen is, is nu voorbereidingen treffen voor die barre tijden.

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