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Where are the voices of those most at risk of Covid19?

We are in the midst of the most important economic and health crisis for a century on a global scale.

Are we tackling the crisis in the correct manner? One of the factors that seldom is considered is what happens if we do too much to try to stop the virus? Are the consequences of that even greater than doing nothing?

Where are the voices of the elderly in the media, I for one have not seen one. I would love to see a simple question given to everyone over 80 years of age around the globe.

What would you prefer?

- A world where you live but you live the rest of your life in an economic depression and your children and grandchildren have a chance to be impoverished.

OR

- A world where you have a 10% chance of passing away from COVID-19 but the economy does not tank and your children and grandchildren are largely unneffected.

I’m only guessing, but I reckon most of the elderly population would prefer the second option.

Are we as a society wrecking everything to keep alive people who would prefer not to end their lives living in an economic depression. It seems nonsensical.

This virus will make it’s path through our species, slow medium or otherwise. The great trade-off is that of jobs versus lives. If we suffer 20% unemployment for several years and save most of the elderly is that victory? We cannot have it both ways, there is not a middle ground.

Kingston Lectures on Endogenous Money & Modelling with Minsky …

to modelling money using Minsky … economic modelling. The key issue I am tackling here is the prospect for a debt- deflation on the back of the enormous private debts accumulated globally, and our very low rate of inflation.

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Kingston Lectures on Endogenous Money & Modelling with Minsky …

Japan's war on deflation cast in fresh doubt – Deutsche Welle

Japan's inflation rate has slowed for the sixth month in a row despite the Bank of Japan's massive monetary stimulus to spur growth. Falling prices put a damper on Tokyo's hopes to overcome years of deflation .

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Japan's war on deflation cast in fresh doubt – Deutsche Welle

Looks as if they lost battle against deflation: Japan's Inflation Slows …

(Bloomberg) — Japan's inflation slowed more than forecast in January, highlighting central bank chief Haruhiko Kuroda's challenge in reflating the world's third-biggest economy. Consumer prices excluding fresh food rose 2.2 …

Taken from:
Looks as if they lost battle against deflation: Japan's Inflation Slows …

Video: Is Deflation Returning to Japan? – Japan Real Time – WSJ

As global deflation worries spread, new Japanese data Friday show the difficult central banks face in battling that affliction.

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Video: Is Deflation Returning to Japan? – Japan Real Time – WSJ

Talking Greece, Austerity and Pluralism at the London School of …

I embedded a number of Minsky simulation files in the presentation, and if you want to run them, first download Minsky from here and install it. Then click on the Minsky files after they have “bounced” onto the screen in slides …

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Talking Greece, Austerity and Pluralism at the London School of …

Inflation and Deflation – Economics A2 Level Unit 4

http://www.youtube.com/v/-pGu3LQeuXM?version=3&f=videos&app=youtube_gdata A short video on the joys of inflation (and deflation) covering their causes and costs…

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Inflation and Deflation – Economics A2 Level Unit 4

Guest post: Korea threatened by Japan-led deflation | beyondbrics

Monetary easing in Japan may not have pushed its close neighbour into outright deflation just yet, but deflationary pressures in Korea are certainly rising. Manufacturers in Korea have chosen to hold their prices over the past …

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Guest post: Korea threatened by Japan-led deflation | beyondbrics

How India Has Avoided Catching the Deflation Contagion – WSJ Blogs

“India has now entered the deflation club in (Asia outside of Japan ) region where seven of the 10 countries already have (producer price indexes) in deflation territory,” Morgan Stanley said in a research note. Japan is still …

Excerpt from:
How India Has Avoided Catching the Deflation Contagion – WSJ Blogs

Spain's “Good” Deflation? | A Fistful Of Euros

In fact deflation has been settling in for a lot longer than people in Spain think it has. The national statistics office maintain an ex-tax estimated EU HICP inflation rate, rather like the one the Bank of Japan maintains following …

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Spain's “Good” Deflation? | A Fistful Of Euros