In the latest IMF Finance and Development journal (March 2023), there is an interesting article by the former governor of the Bank of Japan, Masaaki Shirakawa – It’s time to rethink the foundation and framework of monetary policy. It goes to the heart of the complete confusion that is now being demonstrated by central bank…
Japan
Last Monday, I wrote about the global need for us to abandon meat production for food, and, instead take up plant-based diets. Many people interpreted that argument as a personal attack on their dietary freedom, which indicates they fell into a fallacy of composition trap and declined to see the global issue. As part of…
Its been around 9 months since the central banks of the world (bar Japan) started to push up interest rates. This reflected a return to the dominant mainstream view that fiscal policy should aim to support monetary policy in its fight against inflation and thus be biased towards surpluses, while central banks manipulated interest rates…
Victoria Nuland is a loser as even the newspaper of record admits defeat.
"(The plan) shows direct disregard for the sovereignty and self-determination of Pacific peoples and the ocean their livelihoods depend upon."
Its been around 9 months since the central banks of the world (bar Japan) started to push up interest rates. This reflected a return to the dominant mainstream view that fiscal policy should aim to support monetary policy in its…
Its been around 9 months since the central banks of the world (bar Japan) started to push up interest rates. And still there are no firms signs that a recession is impending. There are some signs of a growth slowdown…
By Patrick Lawrence / Original to ScheerPost It is always the same when Japanese premiers travel to Washington to summit at the White House. Nothing seems to happen and nobody pays much attention even when important things happen, when we should all pay attention, and, when we do pay passing attention, we usually get it […]
The post Patrick Lawrence: Japan Reenlists as Washington’s Spear-Carrier appeared first on scheerpost.com.
The US is pressing an (over) eager Japan to develop offensive capabilities, with an eye to a conflict with China.
It’s Wednesday and I am still not up to full blog speed after a week doing other things. But I am getting there. Today we consider the latest inflation data from Australia, some fun in the Guardian newspaper and some…