Inflazione Monetaria

"my expectation was that the inflationary boom would last
five or six years, as the historical ones had done, forgetting
that then their termination was due to the gold standard. If
you had no gold standard—if you could continue inflating for
much longer—it was very difficult to predict how long it
would last. Of course, it has lasted very much longer than I
expected. The end result was the same"

Mi aspettavo che il boom inflazionario durasse cinque o sei anni, come nel passato, dimenticando che terminava grazie al gold standard.
Se non hai piu´il gold standard, se puoi continuare ad inflazionare per un periodo piu´lungo, diventa molto difficile predire quando finira´

Ovviamente, e´durato di piu´di quanto mi sarei aspettato

Il risultato finale e´stato lo stesso

Hayek, commentando lo scoppio della crisi degi anni ´70