February 2013
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Recent Posts

DEFLATION: Consumer Prices In Japan Fall … – Business Insider

Japan just released consumer prices data for the month of January. CPI fell 0.3 percent year over year, more than economists' expectations of a 0.2 percent decline. Moreover, the pace of deflation accelerated from December, … [...]

Japan press: Aso vows 'drastic' action on deflation | ForexLive

And the positive press for Abe's administration continues … this time Finance Minister Taro Aso: To jack up the economy, he said the administration will [...]

NewsDaily: Japan government nominates Kuroda, Iwata, Nakaso to …

24, 2013 (Reuters) — Prime Minister Shinzo Abe is seeking to put at the top of the Bank of Japan two officials with different views on how to beat deflation , which could complicate decision-making in an already split board as it … [...]

Tokyo nominates ADB head Kuroda as Bank of Japan chief

But Kuroda has defended the yen's fall as a “natural correction” after hitting a record high of around 75 to the dollar in late 2011, while deriding Japan's chronic deflation as “abnormal”. Years of falling prices in Japan have … [...]

Basics of Banking: Loans Create a Lot More Than Deposits | Steve …

I'll have a crack at modeling this in Minsky shortly; I have already done a similar model to illustrate why reserves lag deposits in almost all countries, so it shouldn't be too difficult to knock this illustration up in [...]

Republicans for deflation » AEI

It's not exactly true that Japan experienced deflation — if by that you mean decreasing prices. Japan lost a lot of equity capitalization, which the media for some reason has described as deflation . The purchasing power of [...]

real economics: Bank of Japan is serious about ending deflation

PM Abe is serious about his plans to end Japan's economic woes. After all, any country that works as hard as the Japanese and produce so much excellence SHOULD be prosperous. If they are not, it is obvious that … [...]

An empirical nail in the austerity coffin | Steve Keen's Debtwatch

Since politicians everywhere seem enamoured of austerity right now, this empirical work deserves wide exposure; my theoretical pot-shot at Krugman can wait. Click here to read the rest of this post. Help Kickstarter Minsky … [...]

Japan seen nominating 'deflation basher' as central bank chief – GATA

Japan seen nominating ' deflation basher' as central bank chief. Submitted by cpowell on Mon, 2013-02-25 15:03. Section: Daily Dispatches. By Leika Kihara and Yuko Yoshikawa Reuters Monday, February 25, 2013 … [...]

world crisis : bank of japan….. deflation basher kuroda? – juan carlos …

WORLD ECONOMY, FINANCE, MARKETS & [...]