Saturday, May 11, 2013

Abenomics

Abenomics and currency debasement is nothing new. It has been (literally) tried repeatedly for thousands of years and failed every single time.

What the administration needs to understand is that:
1) Real demand ONLY comes from real supply, not the creation of more currencies.
2) Economic growth is not synonymous with GDP growth. GDP is just another fanciful way of measuring inflation (i.e. money printing). Even the calculation of real GDP is flawed.

No comments:

Post a Comment

 
Web Statistics