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.

3 comments:

CP said...

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

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

CP said...

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

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.