Insight Japan

By |2019-01-11T16:35:21-05:00January 11th, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

As I wrote yesterday, “In the West, consumer prices overall are pushed around by oil. In the East, by food.” In neither case is inflation buoyed by “money printing.” Central banks both West and East are doing things, of course, but none of them amount to increasing the effective supply of money. Failure of inflation, [...]