Home » deflation » US vs Japan: so far not much difference

US vs Japan: so far not much difference

Deflation watch continues.  The following graph from Bank of Japan is the most damaging chart I’ve seen for a long while (hat tip to John Taylor and his blog).

US policy makers still have chance to revert the course. But so far, they just look all too similar.

(click to enlarge; source: Bank of Japan)


Leave a comment

Your email address will not be published. Required fields are marked *