Japanese intervention
Inflation is back in Japan, structurally ensuring higher nominal growth averaging 2.5 per cent of GDP. A 10-year interest rate of 1 per cent also ensures that government debt can shrink as a [...]
Inflation is back in Japan, structurally ensuring higher nominal growth averaging 2.5 per cent of GDP. A 10-year interest rate of 1 per cent also ensures that government debt can shrink as a [...]