SEP 29, 2017
ORIGINAL SOURCE: Stagnation Is Not Just the New Normal--It's Official Policy by Brian Chappatta of bloomberg.com on 5/19/17
For over 20 years Japan has led the way of stagnation or stagflation where purchasing power is at the mercery of inflation while wages stagnate. It appears to have become central bankers official policy as the wealth gap widens. How long can the charade go on?
Please read the rest here; Stagnation Is Not Just the New Normal--It's Official Policy