Chock Full of Japanese

By |2021-03-31T19:22:20-04:00March 31st, 2021|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

At the very least, you have to recognize the correlation. If you aren’t willing to consider causation, in part, there’s troubling coincidence in every place around the world between huge government deficits and less growth (therefore the constant inflation "puzzle"). You can argue that the former causes the latter, and that’s absolutely a valid case; when things get rough, neo-Keynesians [...]