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What might the failure of Abenomics mean for Japan? Big, unpredictable changes, perhaps with a happy ending.

Summary:  Japan has remained in economic stagnation for so long we have come to consider that as normal. It’s not. Slow decay of a nation eventually ends in reform (as expected in Japan by experts for 2 decades) or regime change. Abenomics aroused excitement as the start of powerful reforms, as Japan’s last chance. The …

What might the failure of Abenomics mean for Japan? Big, unpredictable changes, perhaps with a happy ending. Read More »

The easy way to understand unconventional monetary policy

Summary:  It’s difficult to describe the magnitude of the monetary policy experiments now running around the world, most especially in China, USA, and Japan. At the end are links to a dozen posts attempting to do so with words and numbers. Today we do it with pictures. . The monetary stimulus programs running around the …

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