questionable topic – uneasy matters since 2008

A history lesson for Alan Meltzer

Posted in Uncategorized by questionabletopic on Monday, June 13, 2011

Paul Krugman - New York Times Blog

From today’s Times:

Besides, no country facing enormous budget deficits, rapid growth in the money supply and the prospect of a sustained currency devaluation as we are has ever experienced deflation. These factors are harbingers of inflation.

Japan’s lost decade:

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Source: IMF, OECD

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