Tokyo Japanese unemployment inched up and household spending fell more sharply than expected in January, government data showed Friday, but analysts said the nation's economic recovery was still on [...]
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Tokyo Japanese unemployment inched up and household spending fell more sharply than expected in January, government data showed Friday, but analysts said the nation's economic recovery was still on [...] But note that if the household sector continually ran deficits against the business sector (even with the private sector in balance) we could still get into trouble—and get a Minsky -type debt deflation simply because households … [...] |
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New Economic Perspectives: Blog 39: MMT for Austrians …
But note that if the household sector continually ran deficits against the business sector (even with the private sector in balance) we could still get into trouble—and get a Minsky -type debt deflation simply because households … [...]