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> ul > li > a,header#top nav > ul > li[class*="button_solid_color"] > a,body #header-outer:not([data-lhe="animated_underline"]) header#top nav ul li[class*="button_solid_color"] a:hover,#header-outer[data-lhe="animated_underline"] header#top nav > ul > li[class*="button_bordered"] > a,header#top nav > ul > li[class*="button_bordered"] > a,body #header-outer.transparent header#top nav > ul > li[class*="button_bordered"] > a,body #header-outer.transparent header#top nav > ul > li[class*="button_solid_color"] > a,#header-outer[data-lhe="animated_underline"] header#top nav > ul > li[class*="button_solid_color"] > a{margin-left:10px;margin-right:10px;}#header-outer[data-lhe="default"] header#top nav > ul > li > a{padding-left:10px;padding-right:10px;}#header-space{height:114px;}body[data-smooth-scrolling="1"] #full_width_portfolio .project-title.parallax-effect{top:114px;}body.single-product div.product .product_title{padding-right:0;}#ajax-loading-screen .reveal-1{background-color:#ffffff;}#ajax-loading-screen .reveal-2{background-color:#ffffff;}@media only screen and (max-width:1000px){body header#top #logo img,#header-outer[data-permanent-transparent="false"] #logo .dark-version{height:24px!important;}body:not(.material) header#top .col.span_9{min-height:50px;line-height:28px;}}body #header-outer,body[data-header-color="dark"] #header-outer{background-color:rgba(255,255,255,0.60);}.material #header-outer:not(.transparent) .bg-color-stripe{display:none;}.nectar-slider-loading .loading-icon,.portfolio-loading,#ajax-loading-screen .loading-icon,.loading-icon,.pp_loaderIcon{background-image:url("https://alphastrategyconsulting.com/wp-content/uploads/2018/03/LOGO_ALPHA_344.png");}@media only screen and (min-width:1000px) and (max-width:1300px){.nectar-slider-wrap[data-full-width="true"] .swiper-slide .content h2,.nectar-slider-wrap[data-full-width="boxed-full-width"] .swiper-slide .content h2,.full-width-content .vc_span12 .swiper-slide .content h2{font-size:45px!important;line-height:51px!important;}.nectar-slider-wrap[data-full-width="true"] .swiper-slide .content p,.nectar-slider-wrap[data-full-width="boxed-full-width"] .swiper-slide .content p,.full-width-content .vc_span12 .swiper-slide .content p{font-size:18px!important;line-height:31.2px!important;}}@media only screen and (min-width :690px) and (max-width :1000px){.nectar-slider-wrap[data-full-width="true"] .swiper-slide .content h2,.nectar-slider-wrap[data-full-width="boxed-full-width"] .swiper-slide .content h2,.full-width-content .vc_span12 .swiper-slide .content h2{font-size:33px!important;line-height:39px!important;}.nectar-slider-wrap[data-full-width="true"] .swiper-slide .content p,.nectar-slider-wrap[data-full-width="boxed-full-width"] .swiper-slide .content p,.full-width-content .vc_span12 .swiper-slide .content p{font-size:13.2px!important;line-height:24px!important;}}@media only screen and (max-width :690px){.nectar-slider-wrap[data-full-width="true"][data-fullscreen="false"] .swiper-slide .content h2,.nectar-slider-wrap[data-full-width="boxed-full-width"][data-fullscreen="false"] .swiper-slide .content h2,.full-width-content .vc_span12 .nectar-slider-wrap[data-fullscreen="false"] .swiper-slide .content h2{font-size:15px!important;line-height:21px!important;}.nectar-slider-wrap[data-full-width="true"][data-fullscreen="false"] .swiper-slide .content p,.nectar-slider-wrap[data-full-width="boxed-full-width"][data-fullscreen="false"] .swiper-slide .content p,.full-width-content .vc_span12 .nectar-slider-wrap[data-fullscreen="false"] .swiper-slide .content p{font-size:10px!important;line-height:17.52px!important;}}#mobile-menu #mobile-search,header#top nav ul #search-btn{display:none!important;}#header-outer.transparent header#top #logo,#header-outer.transparent header#top #logo:hover{color:#001a4e!important;}#header-outer.transparent header#top nav > ul > li > a,#header-outer.transparent header#top nav ul #search-btn a span.icon-salient-search,#header-outer.transparent nav > ul > li > a > .sf-sub-indicator [class^="icon-"],#header-outer.transparent nav > ul > li > a > .sf-sub-indicator [class*=" icon-"],#header-outer.transparent .cart-menu .cart-icon-wrap .icon-salient-cart,.ascend #boxed #header-outer.transparent .cart-menu .cart-icon-wrap .icon-salient-cart{color:#001a4e!important;opacity:0.75!important;transition:opacity 0.2s ease,color 0.2s ease;}#header-outer.transparent:not([data-lhe="animated_underline"]) header#top nav > ul > li > a:hover,#header-outer.transparent:not([data-lhe="animated_underline"]) header#top nav .sf-menu > li.sfHover > a,#header-outer.transparent:not([data-lhe="animated_underline"]) header#top nav .sf-menu > li.current_page_ancestor > a,#header-outer.transparent header#top nav .sf-menu > li.current-menu-item > a,#header-outer.transparent:not([data-lhe="animated_underline"]) header#top nav .sf-menu > li.current-menu-ancestor > a,#header-outer.transparent:not([data-lhe="animated_underline"]) header#top nav .sf-menu > li.current-menu-item > a,#header-outer.transparent:not([data-lhe="animated_underline"]) header#top nav .sf-menu > li.current_page_item > a,#header-outer.transparent header#top nav > ul > li > a:hover > .sf-sub-indicator > i,#header-outer.transparent header#top nav > ul > li.sfHover > a > span > i,#header-outer.transparent header#top nav ul #search-btn a:hover span,#header-outer.transparent header#top nav ul .slide-out-widget-area-toggle a:hover span,#header-outer.transparent header#top nav .sf-menu > li.current-menu-item > a i,#header-outer.transparent header#top nav .sf-menu > li.current-menu-ancestor > a i,#header-outer.transparent .cart-outer:hover .icon-salient-cart,.ascend #boxed #header-outer.transparent .cart-outer:hover .cart-menu .cart-icon-wrap .icon-salient-cart{opacity:1!important;color:#001a4e!important;}#header-outer.transparent[data-lhe="animated_underline"] header#top nav > ul > li > a:hover,#header-outer.transparent[data-lhe="animated_underline"] header#top nav .sf-menu > li.sfHover > a,#header-outer.transparent[data-lhe="animated_underline"] header#top nav .sf-menu > li.current-menu-ancestor > a,#header-outer.transparent[data-lhe="animated_underline"] header#top nav .sf-menu > li.current_page_item > a{opacity:1!important;}#header-outer[data-lhe="animated_underline"].transparent header#top nav > ul > li > a:after,#header-outer.transparent header#top nav>ul>li[class*="button_bordered"]>a:before{border-color:#001a4e!important;}#header-outer.transparent:not(.directional-nav-effect) > header#top nav ul .slide-out-widget-area-toggle a i.lines,#header-outer.transparent:not(.directional-nav-effect) > header#top nav ul .slide-out-widget-area-toggle a i.lines:before,#header-outer.transparent:not(.directional-nav-effect) > header#top nav ul .slide-out-widget-area-toggle a i.lines:after,body.material #header-outer.transparent:not(.directional-nav-effect) .slide-out-widget-area-toggle a .close-line,#header-outer.transparent:not(.directional-nav-effect) > header#top nav ul .slide-out-widget-area-toggle[data-icon-animation="simple-transform"] .lines-button:after,#header-outer.transparent.directional-nav-effect > header#top nav ul .slide-out-widget-area-toggle a span.light .lines-button i,#header-outer.transparent.directional-nav-effect > header#top nav ul .slide-out-widget-area-toggle a span.light .lines-button i:after,#header-outer.transparent.directional-nav-effect > header#top nav ul .slide-out-widget-area-toggle a span.light .lines-button i:before,#header-outer.transparent:not(.directional-nav-effect) .midnightHeader.nectar-slider header#top nav ul .slide-out-widget-area-toggle a i.lines,#header-outer.transparent:not(.directional-nav-effect) .midnightHeader.nectar-slider header#top nav ul .slide-out-widget-area-toggle a i.lines:before,#header-outer.transparent:not(.directional-nav-effect) .midnightHeader.nectar-slider header#top nav ul .slide-out-widget-area-toggle a i.lines:after,#header-outer.transparent.directional-nav-effect .midnightHeader.nectar-slider header#top nav ul .slide-out-widget-area-toggle a span.light .lines-button i,#header-outer.transparent.directional-nav-effect .midnightHeader.nectar-slider header#top nav ul .slide-out-widget-area-toggle a span.light .lines-button i:after,#header-outer.transparent.directional-nav-effect .midnightHeader.nectar-slider header#top nav ul .slide-out-widget-area-toggle a span.light .lines-button i:before{background-color:#001a4e!important;}#header-outer.transparent header#top nav ul .slide-out-widget-area-toggle a i.lines,body.material #header-outer.transparent .slide-out-widget-area-toggle a .close-line,#header-outer.transparent:not(.side-widget-open) header#top nav ul .slide-out-widget-area-toggle[data-icon-animation="simple-transform"] a i.lines-button:after{opacity:0.75!important;}#header-outer.transparent.side-widget-open header#top nav ul .slide-out-widget-area-toggle a i.lines,body.material #header-outer.transparent .slide-out-widget-area-toggle a:hover .close-line,#header-outer.transparent header#top nav ul .slide-out-widget-area-toggle[data-icon-animation="simple-transform"] a:hover i.lines-button:after,#header-outer.transparent header#top nav ul .slide-out-widget-area-toggle a:hover i.lines,#header-outer.transparent header#top nav ul .slide-out-widget-area-toggle a:hover i.lines:before,#header-outer.transparent header#top nav ul .slide-out-widget-area-toggle a:hover i.lines:after{opacity:1!important;}#header-outer.transparent.dark-slide > header#top nav > ul > li > a,#header-outer.transparent.dark-row > header#top nav > ul > li > a,#header-outer.transparent.dark-slide:not(.directional-nav-effect) > header#top nav ul #search-btn a span,#header-outer.transparent.dark-row:not(.directional-nav-effect) > header#top nav ul #search-btn a span,#header-outer.transparent.dark-slide > header#top nav > ul > li > a > .sf-sub-indicator [class^="icon-"],#header-outer.transparent.dark-slide > header#top nav > ul > li > a > .sf-sub-indicator [class*=" icon-"],#header-outer.transparent.dark-row > header#top nav > ul > li > a > .sf-sub-indicator [class*=" icon-"],#header-outer.transparent.dark-slide:not(.directional-nav-effect) .cart-menu .cart-icon-wrap .icon-salient-cart,#header-outer.transparent.dark-row:not(.directional-nav-effect) .cart-menu .cart-icon-wrap .icon-salient-cart,body.ascend[data-header-color="custom"] #boxed #header-outer.transparent.dark-slide > header#top .cart-outer .cart-menu .cart-icon-wrap i,body.ascend #boxed #header-outer.transparent.dark-slide > header#top .cart-outer .cart-menu .cart-icon-wrap i,#header-outer.transparent.dark-slide .midnightHeader.nectar-slider header#top nav > ul > li > a,#header-outer.transparent.dark-slide:not(.directional-nav-effect) .midnightHeader.nectar-slider header#top nav ul #search-btn a span,#header-outer.transparent.dark-slide .midnightHeader.nectar-slider header#top nav > ul > li > a > .sf-sub-indicator [class^="icon-"],#header-outer.transparent.dark-slide .midnightHeader.nectar-slider header#top nav > ul > li > a > .sf-sub-indicator [class*=" icon-"],#header-outer.transparent.dark-slide:not(.directional-nav-effect) .midnightHeader.nectar-slider header#top .cart-menu .cart-icon-wrap .icon-salient-cart,body.ascend[data-header-color="custom"] #boxed #header-outer.transparent.dark-slide .midnightHeader.nectar-slider header#top .cart-outer .cart-menu .cart-icon-wrap i,body.ascend #boxed #header-outer.transparent.dark-slide .midnightHeader.nectar-slider header#top .cart-outer .cart-menu .cart-icon-wrap i,.material #header-outer[data-permanent-transparent="1"].transparent.dark-slide .mobile-search .icon-salient-search,.material #header-outer[data-permanent-transparent="1"].transparent.dark-slide #mobile-cart-link i{color:#9f6400!important;}#header-outer.transparent.dark-slide:not(.directional-nav-effect) > header#top nav ul .slide-out-widget-area-toggle a .lines-button i,#header-outer.transparent.dark-slide:not(.directional-nav-effect) > header#top nav ul .slide-out-widget-area-toggle a .lines-button i:after,#header-outer.transparent.dark-slide:not(.directional-nav-effect) > header#top nav ul .slide-out-widget-area-toggle a .lines-button i:before,body.marterial #header-outer.transparent.dark-slide:not(.directional-nav-effect) > header#top nav ul.slide-out-widget-area-toggle a .close-line,#header-outer.transparent.dark-slide:not(.directional-nav-effect) .midnightHeader.nectar-slider header#top nav ul .slide-out-widget-area-toggle a .lines-button i,#header-outer.transparent.dark-slide:not(.directional-nav-effect) .midnightHeader.nectar-slider header#top nav ul .slide-out-widget-area-toggle a .lines-button i:after,#header-outer.transparent.dark-slide:not(.directional-nav-effect) .midnightHeader.nectar-slider header#top nav ul .slide-out-widget-area-toggle a .lines-button i:before,#header-outer.transparent.dark-slide:not(.directional-nav-effect) > header#top nav ul .slide-out-widget-area-toggle[data-icon-animation="simple-transform"] .lines-button:after,#header-outer.transparent.dark-slide:not(.directional-nav-effect) .midnightHeader.nectar-slider header#top nav ul .slide-out-widget-area-toggle[data-icon-animation="simple-transform"] .lines-button:after,body.material #header-outer[data-permanent-transparent="1"].transparent.dark-slide > header#top .span_9 > .slide-out-widget-area-toggle.mobile-icon i.lines-button:after,body.material #header-outer[data-permanent-transparent="1"].transparent.dark-slide > header#top .span_9 > .slide-out-widget-area-toggle.mobile-icon i.lines:before,body.material #header-outer[data-permanent-transparent="1"].transparent.dark-slide > header#top .span_9 > .slide-out-widget-area-toggle.mobile-icon i.lines:after{background-color:#9f6400!important;}#header-outer.transparent.dark-slide > header#top nav > ul > li > a:hover,#header-outer.transparent.dark-slide > header#top nav .sf-menu > li.sfHover > a,#header-outer.transparent.dark-slide > header#top nav .sf-menu > li.current_page_ancestor > a,#header-outer.transparent.dark-slide > header#top nav .sf-menu > li.current-menu-item > a,#header-outer.transparent.dark-slide > header#top nav .sf-menu > li.current-menu-ancestor > a,#header-outer.transparent.dark-slide > header#top nav .sf-menu > li.current_page_item > a,#header-outer.transparent.dark-slide > header#top nav > ul > li > a:hover > .sf-sub-indicator > i,#header-outer.transparent.dark-slide > header#top nav > ul > li.sfHover > a > span > i,#header-outer.transparent.dark-slide > header#top nav ul #search-btn a:hover span,#header-outer.transparent.dark-slide > header#top nav .sf-menu > li.current-menu-item > a i,#header-outer.transparent.dark-slide > header#top nav .sf-menu > li.current-menu-ancestor > a i,#header-outer.transparent.dark-slide > header#top .cart-outer:hover .icon-salient-cart,body.ascend[data-header-color="custom"] #boxed #header-outer.transparent.dark-slide > header#top .cart-outer:hover .cart-menu .cart-icon-wrap i,#header-outer.transparent.dark-slide > header#top #logo,#header-outer[data-permanent-transparent="1"].transparent.dark-slide .midnightHeader.nectar-slider header#top .span_9 > .slide-out-widget-area-toggle i,#header-outer.transparent:not([data-lhe="animated_underline"]).dark-slide header#top nav .sf-menu > li.current_page_item > a,#header-outer.transparent:not([data-lhe="animated_underline"]).dark-slide header#top nav .sf-menu > li.current-menu-ancestor > a,#header-outer.transparent:not([data-lhe="animated_underline"]).dark-slide header#top nav > ul > li > a:hover,#header-outer.transparent:not([data-lhe="animated_underline"]).dark-slide header#top nav .sf-menu > li.sfHover > a,#header-outer.transparent.dark-slide .midnightHeader.nectar-slider header#top nav > ul > li > a:hover,#header-outer.transparent.dark-slide .midnightHeader.nectar-slider header#top nav .sf-menu > li.sfHover > a,#header-outer.transparent.dark-slide .midnightHeader.nectar-slider header#top nav .sf-menu > li.current_page_ancestor > a,#header-outer.transparent.dark-slide .midnightHeader.nectar-slider header#top nav .sf-menu > li.current-menu-item > a,#header-outer.transparent.dark-slide .midnightHeader.nectar-slider header#top nav .sf-menu > li.current-menu-ancestor > a,#header-outer.transparent.dark-slide .midnightHeader.nectar-slider header#top nav .sf-menu > li.current_page_item > a,#header-outer.transparent.dark-slide .midnightHeader.nectar-slider header#top nav > ul > li > a:hover > .sf-sub-indicator > i,#header-outer.transparent.dark-slide header#top nav > ul > li.sfHover > a > span > i,#header-outer.transparent.dark-slide .midnightHeader.nectar-slider header#top nav ul #search-btn a:hover span,#header-outer.transparent.dark-slide .midnightHeader.nectar-slider header#top nav .sf-menu > li.current-menu-item > a i,#header-outer.transparent.dark-slide .midnightHeader.nectar-slider header#top nav .sf-menu > li.current-menu-ancestor > a i,#header-outer.transparent.dark-slide .midnightHeader.nectar-slider header#top .cart-outer:hover .icon-salient-cart,body.ascend[data-header-color="custom"] #boxed #header-outer.transparent.dark-slide > header#top .cart-outer:hover .cart-menu .cart-icon-wrap i,#header-outer.transparent.dark-slide .midnightHeader.nectar-slider header#top #logo,.swiper-wrapper .swiper-slide[data-color-scheme="dark"] .slider-down-arrow i.icon-default-style[class^="icon-"],.slider-prev.dark-cs i,.slider-next.dark-cs i,.swiper-container .dark-cs.slider-prev .slide-count span,.swiper-container .dark-cs.slider-next .slide-count span{color:#9f6400!important;}#header-outer[data-lhe="animated_underline"].transparent.dark-slide header#top nav > ul > li > a:after,#header-outer[data-lhe="animated_underline"].transparent:not(.side-widget-open) .midnightHeader.dark header#top nav > ul > li > a:after,#header-outer[data-lhe="animated_underline"].transparent:not(.side-widget-open) .midnightHeader.default header#top nav > ul > li > a:after,#header-outer.dark-slide.transparent:not(.side-widget-open) header#top nav>ul>li[class*="button_bordered"]>a:before{border-color:#9f6400!important;}.swiper-container[data-bullet_style="scale"] .slider-pagination.dark-cs .swiper-pagination-switch.swiper-active-switch i,.swiper-container[data-bullet_style="scale"] .slider-pagination.dark-cs .swiper-pagination-switch:hover i{background-color:#9f6400;}.slider-pagination.dark-cs .swiper-pagination-switch{border:1px solid #9f6400;background-color:transparent;}.slider-pagination.dark-cs .swiper-pagination-switch:hover{background:none repeat scroll 0 0 #9f6400;}.slider-pagination.dark-cs .swiper-active-switch{background:none repeat scroll 0 0 #9f6400;}#fp-nav:not(.light-controls) ul li a span:after{background-color:#9f6400;}#fp-nav:not(.light-controls) ul li a span{box-shadow:inset 0 0 0 8px rgba(159,100,0,0.3);-webkit-box-shadow:inset 0 0 0 8px rgba(159,100,0,0.3);}body #fp-nav ul li a.active span{box-shadow:inset 0 0 0 2px rgba(159,100,0,0.8);-webkit-box-shadow:inset 0 0 0 2px rgba(159,100,0,0.8);}body:not(.material) #header-space{background-color:#ffffff}@media only screen and (min-width:1000px){.container,body[data-header-format="left-header"] .container,.woocommerce-tabs .full-width-content .tab-container,.nectar-recent-posts-slider .flickity-page-dots,.post-area.standard-minimal.full-width-content article.post .inner-wrap,.material #search-outer #search{max-width:1425px;width:100%;margin:0 auto;padding:0 90px;}body[data-header-format="left-header"] .container,body[data-header-format="left-header"] .woocommerce-tabs .full-width-content .tab-container,body[data-header-format="left-header"] .nectar-recent-posts-slider 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														<h1 class="entry-title">Así funciona la política monetaria del BCE</h1>
							
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								<span class="meta-author vcard author"><span class="fn">By <a href="https://alphastrategyconsulting.com/author/absolutexe/" title="Posts by Israel Cabrera" rel="author">Israel Cabrera</a></span></span><!--
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					<h3 class="subtitle">La Pizarra.</h3>
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<p>En esta ocasión comentamos el funcionamiento de la política monetaria del Banco Central Europeo. Básicamente consiste en tres pilares: Bajar tipos de interés, crear crédito artificial, y compra de deuda soberana.</p>
<p><em>Publicado originariamente el 7 de Febrero de 2017 <a href="http://www.dlacalle.com/asi-funciona-la-politica-monetaria-del-bce/">aquí</a></em></p>
					
											
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