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Economic Illiterate Peter Schiff Says More Deflation Would Be Healthy For Japan

http://www.youtube.com/v/6klwWPp3IpE?version=3&f=videos&app=youtube_gdata Our boy says Japan should never have embarked on any QE and just let the country experience ‘healthy’ deflation. Fact is, Japan’s QE was way too little and much too late. As for ‘healthy’ deflation, what part of the deflationary spiral Japan has experienced over the past two decades is he characterizing as ‘healthy’

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Economic Illiterate Peter Schiff Says More Deflation Would Be Healthy For Japan

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