Should-Read: Matt O’Brien: How Japan proved printing money can be a great idea

Should-Read: Matt O’Brien: How Japan proved printing money can be a great idea: “Falling prices would mean falling wages, but not falling debts, so they would become harder to pay back… http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11857507 …In the best case, the economy would get stuck in a cycle of low consumer spending leading to low business investment leading to … Continue reading Should-Read: Matt O’Brien: How Japan proved printing money can be a great idea