On a recent blogpost that I wrote there was some confusion in the comments section regarding Hyman Minsky's theories and their relationship to the phenomenon of rising asset prices. I have seen this confusion made many times … The money that was used to purchase them — whether debt financed or not — was a residual; an important residual, as Ponzi debts might lead to asset price deflations , but still a residual. In these theories debt does not cause anything … [...]
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Broadly speaking, euro zone policy makers fall into two camps: first, those who see what happened when Japan entered a negative debt- deflation , which contributed to the two 'lost decades' of approximately 1990 to [...] They identified 73 five-year periods of price decline and found “virtually no evidence” of any link between deflation and decreased output. The record of contemporary Japan – often cited as an example of the dangers of … [...] Central Bank News Link List – Jan 21, 2014: Japan out of deflation , no guarantee it won't return: economy minister. Here's today's Central Bank News' link list, click through if you missed the previous link list. The list comprises … [...] Europe has structural problems, a cautious central bank, and a relatively strong currency, mirroring 1990s Japan and making it the candidate for the first into deflation . China is closed to migration and thus trapped in a sharp … [...] A relatively low-income, high-unemployment, stagnant recession to uncertain depth and duration will follow a debt- deflation process. Minsky completed Keynes. The theory that business cycles and fluctuations are a function … [...] A key inflation indicator touches a 5-year high as proof its 'Abenomics' growth blitz was winning the war on falling [...] For many years now Japan has been plagued by deflation , which has retarded its economic growth; since 1981 the average annual growth of Japanese GDP has been only 2.1 percent. Deflation implies that the value of … [...] |
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Japan Pummeled By Soaring Food And Energy Prices, Plunging …
… Abenomics was supposed to be. Which is exactly what is going on in Japan . … Japan Pummeled By Soaring Food And Energy Prices, Plunging Wages And Ongoing Core Deflation . Tyler Durden's picture. Submitted by … [...]