So it followed naturally that my second administration should prioritize getting rid of deflation and turning around the Japanese economy. Let's say that I have set the priorities right this time to reflect the concerns of the people, … [...]
|
http://www.nytimes.com/2010/10/17/world/asia/17japan.html?pagewanted=all [...] http://www.euronews.com/ The Japanese Yen has gone through the 100 to the dollar mark for the first time since April 2009, and is now at a four-year low [...] 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 … [...] Japanese Prime Minister Shinzo Abe took office in September after promising an end to deflation. He set a very aggressive target of 2% in 2 years. Abe was a vocal critic of the Bank of Japan, whose governor was up for [...] NY Times: – Deflation remains firmly entrenched in Japan , figures showed Friday, as the central bank projected that its targeted level for inflation was still some years off, underscoring that there are no quick fixes for one of the … [...] RT is the first Russian 24/7 English-language news channel which brings the Russian view on global [...] |
![[Google]]( http://www.deflationite.com/blog/wp-content/plugins/easy-adsenser/google-light.gif) |
|
|
Copyright © 2013 deflationite.com RSS Feed - All Rights Reserved |
||
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 … [...]