Comments on: Paul Krugman Advised the Bank of Japan to Purposely Cause Inflation

By: prozak

prozak — Wed, 19 Aug 2009 08:49:28 +0000

Didn't producer price index fall 0.9% last month? and even -0.1% ecluding food & energy?

I don't see you ranting about that!

If only this Mogambo twat could write balanced articles.....

Have we really been buying OIL for 4500 years?

By: CJC

CJC — Tue, 18 Aug 2009 23:49:27 +0000

The demented world economy strikes again...last time we tried to buy crayfish we found it had gone up in price because of the weak $A boosting exports. No one wants cars, so lobster goes up in price.

By: rag

rag — Tue, 18 Aug 2009 22:48:01 +0000

the current pratter about inflation - deflation = look at Japan from the 1990's where the central bank threw money into the banking sector keft right and centre but it was never lent out by the banks - they only relly did cash and carry trades on bonds

So - large does of primary liquidity into the economy that did not create inflation - on the surface the arguement should have made sense but the outcome was it didnt work - no inflation = so w ehave an environment of low interest rates to keep the economy working somewhat, the sharemarket has gone nowhere slowly, housing has declined some 70% over 20 years [what is that about slow boiling in water] = how do you make money to retire = have more kids to support you if cannot what about adoption......gold perhaps has gone up simply because the USD has been weak......what to do = start a business, sell drugs - or learn new songs and busk

By: Elango

Elango — Tue, 18 Aug 2009 09:58:23 +0000

The butt-kissing sucker-upper has got a nobel laureate! So he will continue to do what he is good at. We should learn from such mortals where real value lies.