Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

Demeter

(85,373 posts)

21. Inflation Is Hitting Japanese Households Hard

Reply to Tansy_Gold (Original post)

Tue Jul 14, 2015, 07:09 AM

Jul 2015

ABE GOT WHAT HE WANTED--TOO BAD THE NATION HAS TO SUFFER FROM HIS INFLATION JONES

http://www.bloomberg.com/news/articles/2015-07-13/careful-what-you-wish-for-abe-s-inflation-hits-japan-s-households

Prime Minister Shinzo Abe came to power vowing to drag Japan out of deflation and stagnation. His logic was that rising prices would drive higher salaries and increased consumption. More than two years on, prices are rising, but wages adjusted for inflation have sunk to the lowest since at least 1990....

DOESN'T TAKE A DEGREE IN ECONOMICS TO KNOW THAT WAS NOT GOING TO WORK

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

28 replies

= new reply since forum marked as read

Highlight:

STOCK MARKET WATCH -- Tuesday, 14 July 2015 -- Happy Bastille Day! [View all] Tansy_Gold Jul 2015 OP

Oooh! Nasty cartoon! Demeter Jul 2015 #1

Conservative Southern Values Revived: How a Brutal Strain of American Aristocrats Have Come to Rule Demeter Jul 2015 #2

The State, the Deep State, and the Wall Street Overworld By Peter Dale Scott Demeter Jul 2015 #6

The proof of a shadow government. n/t Hotler Jul 2015 #22

I Have Risked My Life, To Tell You The Truth By Edward Snowden Demeter Jul 2015 #3

Decades Later, No Justice for Kent State Killings By Laurel Krause Demeter Jul 2015 #4

35 countries where the U.S. has supported fascists, drug lords and terrorists Demeter Jul 2015 #5

What If Money Was No Object? Demeter Jul 2015 #7

Who Wins From The Greek Deal? European Politicians And Maybe Some Greeks Demeter Jul 2015 #8

Marathon EU Negotiations Yield Agreement On Path Forward For Greece Demeter Jul 2015 #9

U.S. stock futures down, euro firms as Greek deal gets cautious nod Demeter Jul 2015 #10

Greek PM Tsipras faces party revolt over bailout deal Demeter Jul 2015 #11

ECB's Greek bank support buys lawmakers short time on aid deal Demeter Jul 2015 #15

Tsipras Faces Mutiny After Capitulating to Demands Demeter Jul 2015 #16

Greek Bailout Rests on Asset Sale Plan That Already Failed Demeter Jul 2015 #17

Lehman Bros trustee seeks another distribution to creditors Demeter Jul 2015 #12

Emancipation! Demeter Jul 2015 #13

U.S. watchdogs urge review of Treasury market rules after Oct. 15 price swings Demeter Jul 2015 #14

China May Tip World Into Recession: Morgan Stanley Demeter Jul 2015 #18

Einhorn Says Europe Letting Greece Collapse to Stop Populism Demeter Jul 2015 #19

It's not going away, it grows... mother earth Jul 2015 #26

Deutsche Bank Inquiry Deepens as New York Seeks Moscow Memos Demeter Jul 2015 #20

These banksters need to be rounded up to face trial, they are criminal entities wreaking global mother earth Jul 2015 #27

Inflation Is Hitting Japanese Households Hard Demeter Jul 2015 #21

What happened to the ........ Hotler Jul 2015 #23

Been missing for awhile DemReadingDU Jul 2015 #25

U.S. retail sales unexpectedly weak in June DemReadingDU Jul 2015 #24

"Nobody Could Have Predicted..." Kindasleazy Rice Demeter Jul 2015 #28