December 2018
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MacroMania: Who's Afraid of Deflation?

Everyone knows that deflation is bad. Bad, bad, bad. Why is it bad? Well, we learned it in school. We learned it from the pundits on the news. The Great Depression. Japan . What, are you crazy? It's bad. Here, let [...]

Japan's Campaign To Eliminate Deflation Begins – Seeking Alpha

CurrencyShares Japanese Yen Trust (NYSEARCA:FXY), PowerShares DB US Dollar Index Bearish (NYSEARCA:UDN), PowerShares DB US Dollar Index Bullish (NYSEARCA:UUP): Japan's Campaign To Eliminate Deflation   … [...]

Peter Schiff explains how a US depression can cause a global ‘death spiral’

Former World Bank economist Richard Duncan appeared on CNBC over the weekend explaining how the US government is delaying the economy from going into a [...]

NewsDaily: Japan's incoming PM keeps up pressure on BOJ to …

Incoming Japanese Prime Minister Shinzo Abe kept up his calls on Tuesday for the Bank of Japan to drastically ease monetary policy by setting an inflation target of 2 percent, and repeated that he wants to tame the strong yen to help … Abe, a security hardliner who will be sworn in as premier on Wednesday, when he is also expected to appoint his cabinet, is prescribing a mix of aggressive monetary policy easing and big fiscal spending to beat deflation and rein in … [...]

Panayotis Economopoulos — On Austerity Impact and the Debt

At the second stage, its impact is to bring a debt deflation process that can result in a contractionary feedback loop with an economic and financial crisis. a. …. Even If… Michael Stephens — Registration Open for Minsky [...]

Deflation Deepens as Japan Contraction Risk Intensifies

Deflation Deepens as Japan Contraction Risk Intensifies. Japan 's consumer prices slid at a faster pace in July and industrial production unexpectedly slumped, raising the danger that the world's third-largest economy has … [...]

Daily Kos: A 2012 Victory Won't Bring Back the Economy: Only a …

This debate ignores the big elephant in the room; the millions of people underwater defrauded into mortgage debt and other private debt chaining them to their deflating assets with no sufficient income prospects added up and compounded …… of it) and mixed it with Irving Fischer's debt deflation hypothesis and Minsky's Financial Instability Hypothesis and that is where we see Steve Keen and Michael Hudson coming from today with their own contributions of [...]

Diary of a Republican Hater: MMT-MM Smackdown: Scott Sumner …

Depressions and deep recessions like 1932 and 2008 are associated with deep asset deflation like Fisher and Minsky talk about. In 2009 we saw deflation and deep deflation in 1929-32. Certainly during this recessions we … [...]

New Economic Perspectives: Some Modest Proposals for Reforming …

On November 3, 2011, Alan Minsky interviewed me on KPFK's program, “Building a Powerful Movement in the United States” in preparation for an Occupy L.A. teach-in. … This is what is causing today's debt deflation [...]

Minsky Having a Moment?

The Wall Street Journal recently featured a lead article on economist Hyman Minsky : In Time of Tumult, Obscure Economist Gains Currency. Minsky is increasingly cited by leading financial … choke off any bubble before it got started. Dr. Reisman has a nice article on in which he makes this point in another way: if people are purchasing more and more assets at higher prices, then with a fixed money supply, goods markets should show a strong deflation [...]