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Recent Posts

CONVERSABLE ECONOMIST: Deflation: The Case for Worrying Less

As a starting point, consider pre-World War I episodes of deflation from 1860-1901 in ten countries: Belgium, Canada, France, Germany, Italy, Japan , Netherlands, Switzerland, United Kingdom, United States. Some of [...]

NewsDaily: Insight: Valentine's Day mission gives BOJ new …

So the BOJ very deliberately sent investors and politicians the signal they have been waiting for — that it was ready to deploy unconventional weaponry to lead Japan out of deflation . “When you set a goal, you have to show … [...]

China's dilemma: Higher inflation or deflation of exportables | vox

But significant and persistent deflation in exportable goods prices comes at a price. Just by glancing at the Japanese experience as reported in Table 1, it is clear that persistent deflation of the exportable goods was … [...]