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The polar opposite of Japan. Japan cannot increase inflation no matter what they do; Argentina cannot decrease it no matter what they do. https://www.economist
by smnrchrds 5y ago
The polar opposite of Japan. Japan cannot increase inflation no matter what they do; Argentina cannot decrease it no matter what they do.
https://www.economist.com/finance-and-economics/2019/03/28/how-argentina-and-japan-continue-to-confound-macroeconomists https://www.economist.com/finance-and-economics/2019/03/28/h...
- Jansen312 5y agoJapan has too many subsidies and intra-corporations-labour protection. That shielded them at the expense of stagflation.
- hn_throwaway_99 5y ago"stagflation" doesn't describe Japan at all, they're the polar opposite.
- afterburner 5y agoStagflation means high inflation, high unemployment. Japan does not have high inflation.
- dustintrex 5y agoOr high unemployment for that matter, although reality is less rosy than the headline stats.
- hervature 5y agoI think you meant "Japan cannot increase"
- smnrchrds 5y agoThanks. Fixed.
- naniwaduni 5y ago"Japan cannot increase" is a surprisingly broadly true statement, even...
- e12e 5y agoIt's on a fault line. Japan increases all the time...
- kobalsky 5y agoJust tell japan we could send some politicians over there to fix their issue. Argentina's issue isn't a case study though. On one of the last auctions to print bills there were no bids because they were asking for an insane delivery date. We literally cannot print them fast enough.
- LudwigNagasena 5y agoThey can, they just don’t want to.