Thursday, April 21, 2016

Startling Inflation News Illustrates The Failure Of Easy Money

"After three decades of epic deficit spending and three years of extraordinary money creation, Japan’s economy is enjoying a rollicking inflationary boom. Just kidding. Exactly the opposite is happening:

Japan households’ inflation expectations hit three-year low – BOJ

(Reuters) – Japanese households’ sentiment worsened in the three months to March and their expectations of inflation fell to levels before the Bank of Japan deployed its massive asset-buying programme three years ago, a central bank survey showed..."
at  http://dollarcollapse.com/inflation/startling-inflation-news-illustrates-the-failure-of-easy-money-2/

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