Even if we assume deflation is bad for the economy, we also have the problem of trying to stem it if it is caused by an excess of supply from outside (e.g., cheap Chinese imports). Can the government — any government … [...]
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Japanese factories churned out a better-than-expected performance in April, but the upbeat data Friday was tempered as the export powerhouse remained mired in deflation [...] Irish/Ireland Business News, Internationa, Global, World, European Union, Financial Information – Irish Finance and Business Portal – providing Irish, European and global market information including mortgages, pensions, … [...] Every week, it seems, we are barraged with bad news about unemployment and our stagnant economy — followed immediately by news that the Dow Jones Index is [...] Randy Wray — Hyman Minsky and the Employer of Last Resort. Collection of Minksy's articles on the JG, and a link …. Mosler Discussing Deflation on WKRO Radio Recordin… Austerity is not the only answer to a debt problem … [...] http://www.euronews.com/ Falling prices – particularly in Germany and France – pulled eurozone inflation to its lowest for three years in April. The sharp [...] The Eurozone is facing a growing risk of deflation – similar to Japan . Once the inflation rate in Japan fell below 1%, the external shock of the Asian currency crisis (late 90s) sent Japan into a deflationary spiral – something the … [...] Japan reported on Friday that its consumer prices excluding fresh food fell 0.5 percent in March from the previous year, signalling continued deflation . There was no immediate reaction from the Bank of Japan . Its latest … [...] |
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Guest Post: The Case Against Deflation | Zero Hedge
Japan was also in the grip of Keynesians and they stimulated like crazy but they still got deflation over decades, what makes you think it will work here when personal and business credit is not expanding…can the gov really … [...]