Japan consumer prices fall

Japan consumer prices fall again:

http://www.bbc.co.uk/news/business-15884340



Their scheduled printing is 18$ billion USD a month. In addition I think they've thrown a couple extra printings in to try to lower the value of the Yen.

And 50% of their government budget is borrowing. Year after year. And interest rates are really flying at a base rate of 0.1%.


Still not enough to avoid deflation.


My perscription is to double the printing to 432 billion USD a year. Take that extra 216 billion, buy national bonds and spend it into the economy through the national state. But it is easy to say that.. but culturally and politically it is another thing. Japan is an very conservative society, and the idea of giving people money for nothing is hard for them to imagine.

So invariably they spend the printed money either buying bonds trying to stimulate well something by doing that, or building infrastructure to nowhere.