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Recent Posts

Good news: Japan is finally defeating deflation. Bad news: Japan is …

Japan seems like it is finally turning the tide in its decades-long battle with deflation . Broad-based, persistent declines in prices are a drag on economic growth. (If prices are falling, it's a good idea to hold off on spending and  … [...]

Deflation – The Great Equalizer – Now Greece? Was There a …

I Japan , the government fought deflation in a losing battle for more than 20 years. As deflation emerges, it becomes profitable to hoard money even if it is fiat. Increases collapse as people will not borrow to spend or invest  … [...]