Monday, December 22, 2014

Good Inflationary News

The Consumer Price Index of All Items in Japan© is almost back to where it was in September 1997. Just goes to show you that deflation is never a threat if you have a printing press.
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3 comments:

  1. CPDecember 22, 2014 at 5:57 PM

    This inflationary good news has nothing to do with Japan's working age population.

    http://research.stlouisfed.org/fred2/series/LFWA64TTJPM647S

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  2. CPDecember 22, 2014 at 5:58 PM

    Note that the Japan balance of trade surplus hasn't varied according to the working age population:

    http://research.stlouisfed.org/fred2/graph/?g=VfS

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  3. Stagflationary MarkDecember 22, 2014 at 9:42 PM

    Unemployment Rate: Aged 15 and Over: All Persons for Japan©

    I think there's hope, if they can keep their unemployment rate falling forever.

    It's sort of a big if though.

    1. It can't go below 0%.
    2. The last attempt was thwarted by the Great Recession.

    ReplyDelete