One and a half cheers for Abenomics? Stopped deflation, managed huge debt burden, kept unemployment low … but no real revival in inflationary expectations? Or much productivity gain … Nevertheless, @TheEconomist expects more of same.
economist.com/finance-and-ec… https://t.co/yhNwGwMdG7
"Unlike businesses, central banks are designed to make money only in the most literal sense." Cracking opening line from Augustin
"Unlike businesses, central banks are designed to make money only in the most literal sense." Cracking opening line from Augustin Cartens @BIS_org op-ed in @FT