February 2020
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Recent Posts

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 … [...]

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 … [...]