Episode 21: BoJ Seems to relieve Consumers’ Struggle
With Rising Prices by Creating More Inflation
- Investors & Economists shocked to learn that Japan is officially in recession
- Instead of a 2.1 rebound, there were back to back declines – a huge miss.
- Economists cry “More Stimulus!”
- Abe admits rising prices hurt the economy, contrary to inflation “Goal”
- The theory that rising prices stimulate the economy is proving wrong in Japan, Russia and the U.S.
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