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Bitcoin's Deflationary Weirdness | New Economic Perspectives

But economists associate deflation with two negative phenomena: First, if prices are falling then the incentive to hoard the currency increases, since anybody who possesses that currency is seeing its value increase each [...]

BOJ candidates Haruhiko Kuroda promised to beat deflation

Japan's economy has struggled with deflation for many years, seen as a challenge to sustainable growth. “If I am approved as Bank of Japan governor, I believe it will be my most important duty to ensure the price stability goal … [...]

Japan – In Thrall to Quackery |

According to Takenaka, “ Japan has the best opportunity to beat deflation in more than a decade.”, which sure sounds like he's threatening Japan's aging consumers with an imminent loss of real income. They have already … [...]

Japan Learned to Love Deflation in Wage Malaise Challenging BOJ …

The Bank of Japan's inflation target looks to be at odds with Japanese consumer sentiment–they've learned to love lower prices: A decade and a half [...]

Japan's Abe: No Reform Unless Deflation Is Defeated

A day before Shinzo Abe is sworn in as Japan's prime minister, he stressed that beating deflation was a prerequisite for fixing Japan's dire fiscal state. Syndicated from Asia Top [...]

An Endeavour into Economics: ECLA Co-hosts the Minsky Conference

From November 26th to 27th, ECLA of Bard had the great opportunity to co-organize the annual Hyman P. Minsky Conference on Financial Instability together with the Levy Economics Institute of Bard College. … Any attempt to resolve this dependency would lead to a deflation of debt, which would force more austerity measures, which would further reduce the GDP and hinder debt reduction, thus creating a vicious circle that can throw European economies into … [...]

Poll: Will Masaaki Shirakawa Succeed in Overcoming Persistent …

Follow @CFAInstitute. In a poll conducted earlier this week in the CFA Institute Financial NewsBrief, we asked professional investors whether the Bank of Japan can overcome persistent deflation by engineering mild [...]

Shinzo Abe: I Come to Bury the Yen |

But in recent weeks he has called for the Bank of Japan to achieve 3 percent inflation, three times higher than the current target, after years of deflation pressures. […] “The BOJ must set a (new) inflation target and print … [...]

An Endeavour into Economics: ECLA Co-hosts the Minsky …

From November 26th to 27th, ECLA of Bard had the great opportunity to co-organize the annual Hyman P. Minsky Conference on Financial Instability together with the Levy Economics Institute of Bard College. … Any attempt to resolve this dependency would lead to a deflation of debt, which would force more austerity measures, which would further reduce the GDP and hinder debt reduction, thus creating a vicious circle that can throw European economies into … [...]

2007–09 Under an Austrian Lens | Economic Thought

… Irving Fisher's theory of debt deflation — at least, as far as “secondary deflation ” goes —, Hyman Minsky's theory of leverage build-up and financial crises (e.g. Keen [2011]), and work that centers on financial [...]