Sometimes economics is hard, other times it’s pretty easy. The closer one stays to proper fundamentals, the easier it is. Things get confusing when people try to alter economic truisms and have varied from the lighted path.
Sometimes, when diagnosing problems it’s best to find out what the problem and then try to find a fix as opposed to trying to fix something without an understanding of what the problem is.
National banks are very limited in the things they can and can’t do. I would suggest that the least they do, the better off economies are.
Japan is a nation on the brink of economic collapse. As I’ve discussed before, there’s little for Japan to do. Their standard of living is too high for a nation of little resources. Years ago, cheap labor was their best resource and they used it to their advantage, but, that’s long since past. …
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