Author Archive: Alvaro Vargas Llosa

The Return of Stagflation

Sunday November 28th, 2010   •   Posted by Alvaro Vargas Llosa at 4:07pm PDT   •   2 Comments

We are entering an era of high inflation, to judge by the massive growth of the money supply in the United States, Europe and Asia, and the stubbornness of central bankers who insist that high unemployment demands the creation of even more money. The last time the world went through a similar period was…
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The G-20: Has Everyone Lost It?

Monday August 23rd, 2010   •   Posted by Alvaro Vargas Llosa at 5:50am PDT   •   0 Comments

WASHINGTON—The governments, institutions, and personalities who should be providing guidance in the aftermath of the financial and economic debacle of 2007–08 are still recommending the very policies that got us here in the first place. The G-20 summit in Toronto exposed this truth quite poignantly. Before and during the sessions, President Obama urged nations…
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