giesahoose Posted June 12, 2014 Share Posted June 12, 2014 http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/10893607/Japan-to-keep-printing-money-for-years-to-come-so-learn-to-enjoy-it.html Seems like a great plan, who could possibly lose! Quote Link to comment Share on other sites More sharing options...
okaycuckoo Posted June 12, 2014 Share Posted June 12, 2014 Interesting point about the labour market. In the end he's undecided - optimists v pessimists. Quote Link to comment Share on other sites More sharing options...
zugzwang Posted June 12, 2014 Share Posted June 12, 2014 http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/10893607/Japan-to-keep-printing-money-for-years-to-come-so-learn-to-enjoy-it.html Seems like a great plan, who could possibly lose! Recession, depression, stagflation, hyperinflation, default. Twenty years of Krugmanomics and now the Japanese are facing a stagflationary collapse in their living standards, if they're lucky. If only they'd let the debtors fail twenty years ago! Quote Link to comment Share on other sites More sharing options...
zugzwang Posted June 12, 2014 Share Posted June 12, 2014 Interesting point about the labour market. In the end he's undecided - optimists v pessimists. Evans-Pritchard and fellow know-nothings at the Torygraph have spent the past thirty years telling us there is no alternative to Thatcherism and laissez-faire. Now he insinuates that there is no alternative to Keynesianism. Keynes, the man who famously composed an essay titled The End of Laissez-Faire. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.