Thursday , 28 March 2024

Tag Archives: fiscal policies

Artificial Stimulus Will NOT Revive U.S. Economy

The Japanese monetary and fiscal anti-deflation reflex in reaction to the crash in the 90´s was very much the same as the recent and currently ongoing global pumping approach. Japan has been running exactly the same "stimulus" as the rest of the world is now employing to fight the downturn. It didn´t work in Japan and I doubt it will work globally. If ever there was an economic illustration of the fact that "stimulus" cannot revive a REAL economy, Japan is that illustration. Words: 861

Read More »