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.


CP said...

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

CP said...

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

Stagflationary Mark said...

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.