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Wednesday, February 19, 2020

The 1 economic experiment Shinzo Abe won't try Jeff Spross


Spoiler: MMT-informed fiscal policy.

The Week
The 1 economic experiment Shinzo Abe won't try
Jeff Spross

2 comments:

  1. But they have "inflation!" under control in Japan...

    In US, the FRA says "maximum employment with stable prices..."

    I would say Japan has maximum employment they have seniors still working and they have very stable prices...

    Japan policy would be near perfect policy as far as what the Law says in the US...

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  2. https://tradingeconomics.com/japan/unemployment-rate

    2.2%


    https://tradingeconomics.com/japan/consumer-price-index-cpi

    0%

    "maximum employment with stable prices..."

    ReplyDelete