October 2010
M T W T F S S
« Sep   Nov »
 123
45678910
11121314151617
18192021222324
25262728293031

Recent Posts

Japan, deflation, and other hobgoblins

In the case of discussing Japan's economic situation, we first need to define the meanings of “inflation” and “ deflation ”. Contrary to what you may have heard, neither term means rising or falling prices, but rather an expansion … [...]