For the rate of inflation to rise, one of two things must happen: [1] the growth rate in the supply of nominal government debt must rise; or [2] the growth rate in the demand for government debt must fall.
Believe those who are seeking the truth. Doubt those who find it. Andre Gide On January 22, 2013, the Government and the Bank of Japan issued a rare joint statement on overcoming deflation and achi...
For the rate of inflation to rise, one of two things must happen: [1] the growth rate in the supply of nominal government debt must rise; or [2] the growth rate in the demand for government debt must fall.
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The failure to inflate Japan
Believe those who are seeking the truth. Doubt those who find it. Andre Gide On January 22, 2013, the Government and the Bank of Japan issued a rare joint statement on overcoming deflation and achi...
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