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Recent Posts

Deflation Now. Inflation Later.

“ Deflation now. Inflation later” is what we've been saying for the last 4 years. The interviewer seemed happy with the answer. And the elaboration: “ Japan now…but don't be surprised when we end up in Argentina.” What do … [...]

Hirohide Yamaguchi: Path toward overcoming deflation and pursuit of

Hirohide Yamaguchi: Path toward overcoming deflation and pursuit of monetary easing. Speech by Mr Hirohide Yamaguchi, Deputy Governor of the Bank of Japan , at a meeting with business leaders, Hiroshima, 25 July 2012. * * * … [...]