- Japan proposes an interesting challenge to hard money economics, having embarked on seemingly massively irresponsible fiscal and monetary policies.
- One has to keep in mind that these lessons, as extraordinary as they are, only apply under a very specific economic situation.
- That is, they should certainly not be generalized, but they are interesting and very useful nevertheless as Japanese conditions are spreading.
Japan Defies Hard Money Economics
August 23rd, 2017 · No Comments