A Fire Proposal To End Japanese Deflation: Negative Sales Taxes, 1% Monthly Tax On Gov’t Bonds
April 22, 2016 at 12:22 PM EDT
It’s rather amusing that Japan cannot destroy its currency even though it has tried, and tried and tried. Abenomics has been a huge failure. Keynesian “solutions” of all sorts have failed to rid Japan of the alleged scourge of deflation.