Why the biggest monetary stimulus effort in the world did NOT stop deflation in its tracks
When Shinzo Abe became the Prime Minister of Japan in December 2012, he was regarded with the kind of reverence that politicians dream about. He was featured in a hit pop song (“Abeno Mixâ€), hailed as a “samurai warrior,†and featured on the May 2013 The Economist cover as none other than Superman.
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Why the biggest monetary stimulus effort in the world did NOT stop deflation in its tracks
When Shinzo Abe became the Prime Minister of Japan in December 2012, he was regarded with the kind of reverence that politicians dream about. He was featured in a hit pop song (“Abeno Mixâ€), hailed as a “samurai warrior,†and featured on the May 2013 The Economist cover as none other than Superman.
http://www.globaldeflationnews.com/abenomics-from-faith-to-failurethe-latest-report-from-elliott-wave-international/