Share
The BoJ has taken on the appearance of an enormous and dangerous Moby Dick.
Haruhiko Kuroda
Share
One thing is for sure – unlike most of his predecessors, he will be remembered.
Share
Deflation could easily return
Share
Inflation is the “monetary expression of distributional conflict”
Share
Japanese products and services have become extraordinarily cheap relative to the foreign equivalents, as have wages, rents and asset prices.
Share
Other modern bubbles were as the popping of children’s balloons to the crash of the Hindenburg airship
Share
The long gloomy years of deflationary stagnation, sometimes known as the lost decades, appear to be ending
Share
Kuroda signing off on a tightening would be like a sumo champion going on a vegan diet.
Share
Prime ministers came and went like karaoke singers taking turns at the microphone.
Share
Remarkably even Zimbabwe, once the poster-child for hyperinflation, is now in deflation