Simply “printing” money is not an automatic cure for deflation – Japan has been trying to cure its deflationary economy for more than a decade, most recently by aggressively having its central bank buy Japanese [...]
|
Here is an update from Japan : Four years after the Bank of Japan set a 2 percent inflation target, price gains may still be coming up short, according to a survey of economists by Bloomberg News. Consumer prices will rise [...] Krugman Visits Japan and Sees… … Deflation . Paul Krugman writes at NYT: Right now, Japan is struggling to escape from a deflationary trap… Here are the facts: The Inflation Rate in Japan is reported by the Ministry [...] Household debt in Greece is pretty low (70% of GDP, 2013), at least compared with countries like the Netherlands (139%, 2012), Denmark (149%, 2012) or Ireland (112%, 2012). Also, after 2010 Greek households paid [...] Draghi on Why the Euro Area Is Not Sliding into Deflation like Japan Did. June 3, 2014. History and economic history is full of rationalizations that “this time is different.” So it seems to be with the ECB officials, who have defended their [...] When Bank of Japan Chairman Haruhiko Kuroda took the reins of the Japanese central bank in late 2012, he was tasked with jumpstarting an economy that had been languishing since the 1990s. GDP growth was slow, the … [...] Remarks by Mr Haruhiko Kuroda, Governor of the Bank of Japan , at the International Financial Symposium, hosted by the Institute for International Monetary Affairs, Tokyo, 19 March [...] Europe seemed to be in better economic shape but Eurozone inflation is back at the worryingly low levels. Patrice Muller, London [...] |
![[Google]]( http://www.deflationite.com/blog/wp-content/plugins/easy-adsenser/google-light.gif) |
|
|
Copyright © 2020 deflationite.com RSS Feed - All Rights Reserved |
||
Imported Deflation and a New Currency War? | Zero Hedge
Japan is not exporting deflation to the euro area. Here's why. And the dollar's role a the major reserve asset remains quite stable despite the perennial forecasts of its [...]