“Everything I've always known about the gold standard was so repressive, and it was a very deflationary regime. [I] like the courageous quality of Minsky who said, 'alright, I know banks are unstable, but they're worth it, … [...]
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“Everything I've always known about the gold standard was so repressive, and it was a very deflationary regime. [I] like the courageous quality of Minsky who said, 'alright, I know banks are unstable, but they're worth it, … [...] |
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Easing by the BOJ Seen as Weak Against Fighting Deflation …
Easing by the BOJ Seen as Weak Against Fighting Deflation . By CRONKITE – Wed Sep 19, 2012 8:42am – No Comments – 44 views. “ Japan's bond market is signaling the nation's central bank won't succeed in emulating theFederal Reserve … [...]