October 2020
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Recent Posts

What the Bank of Japan's stimulus shocker means for the global …

“Now is a critical moment for Japan to emerge from deflation ,” Bank of Japan governor Haruhiko Kuroda told reporters Friday, adding that signs of economic recovery have been clouded by global uncertainty, falling oil [...]

Japanese and Spanish House Price Deflation « Confounded Interest

Japan and Spain have been in the news quite a bit lately. Japan is notorious for selling more adult diapers than baby diapers (a sign of an aging population) while Spain's fiscal woes have been the talk of Europe (European … [...]

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 … [...]

The last thing the world needs now is a deflationary shock from China

Meanwhile, Japanese machine tool orders fell 14.8pc in May, the biggest drop since 2001 – when Japan's deflation began in earnest. The post-Fukushima reconstruction boom has run its course. Asia is turning stone [...]

(Video) Steve Keen on the Minsky Singularity and the Debt Black …

Australian economist and Debunking Economics author Steve Keen will tell us if this is a case when debt deflation wins and the real economy loses. In the US, new jobs numbers disappoint again. However, the number of … [...]