Originally posted by Colon
Oh ok, now I get your point. That's true, but that implies Japan's deflation is "positive", it's caused by a more competitive environment and technological change, thus only transitional. (such bouts of deflation occured frequently during the industrial revolution)
Oh ok, now I get your point. That's true, but that implies Japan's deflation is "positive", it's caused by a more competitive environment and technological change, thus only transitional. (such bouts of deflation occured frequently during the industrial revolution)
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