People in the US are going to have to smarten up like the Japanese. Buying stuff on easy credit has been driving inflation for years in the US. We have been fooled into thinking our standard of living was going up by using credit. Consumers have maxed out their credit and are having to pull back on their purchases now. Retailers will have to lure them back in with lower prices. Easy money will not bring back spooked consumers.
@707hoser I agree we need real respectible interest rates and we don't need government regulation to promote borrowing. Perhaps we need regulation to deter borrowing until we pop this house of cards ponzi scheme we call a good stimulated econnomy. Cut taxes, cut spending and handouts, ditch fiat, cut EPA, cut IRS, and watch a roaring true capitalistic economy take form
@707hoser *sigh* yeah like it has in 07-08? oh wait prices were down about 1.7 and 1.9% those years. inflation now is only in the neighborhood of 2.3% with energy and food mixed in.
Well, what the hell did you think was going to happen!!!!!
Everything is made in China at super low wages. The worker in America or in Japan does not get a raise or is out of work. Now the retailer wants full price......hahahaha....GOOD LUCK. This is the end result of the Neo/Con Free Market. THE WORKER IS THE CONSUMER. IF THE WORKER IS BROKE--- WHATS HE GOING TO BUY???? This vid is way off.
Great, just great I missed something worth watching and on a worthwhile network too! I really do wish this network would follow me around more then on T.V..
(I also wish these views were higher too (but just wishful thinking I guess))
let the prices bottom
ajgolfer1 4 weeks ago
ha by the time this was posted japan was still the second largest economy
LambChowder1 3 months ago
Keynesian crabs.
ntn1987 1 year ago
People in the US are going to have to smarten up like the Japanese. Buying stuff on easy credit has been driving inflation for years in the US. We have been fooled into thinking our standard of living was going up by using credit. Consumers have maxed out their credit and are having to pull back on their purchases now. Retailers will have to lure them back in with lower prices. Easy money will not bring back spooked consumers.
707hoser 1 year ago
Comment removed
Paladin1warrior 1 year ago
@707hoser I agree we need real respectible interest rates and we don't need government regulation to promote borrowing. Perhaps we need regulation to deter borrowing until we pop this house of cards ponzi scheme we call a good stimulated econnomy. Cut taxes, cut spending and handouts, ditch fiat, cut EPA, cut IRS, and watch a roaring true capitalistic economy take form
Paladin1warrior 1 year ago
@707hoser *sigh* yeah like it has in 07-08? oh wait prices were down about 1.7 and 1.9% those years. inflation now is only in the neighborhood of 2.3% with energy and food mixed in.
LambChowder1 3 months ago
this is PBS propaganda , prices coming down is a good thing ,
aviomaster 1 year ago
@aviomaster you would think, except deflation leads to wage cuts, which further increases deflation as demand goes down.
prepschoolkid 2 months ago
Its the whole picture that's important not what ignoramus America wants. Japan shops regulate min wage and export some of their fabulous products.
Christosan88 2 years ago
Talk about something America needs.
7DavidKim 2 years ago
same thing in america exept for fuel........wi wish that woud go down to clinton era prices 1.25..............seems long ago
alvaradokids 2 years ago
I like how the lady just pops out from the left side of the screen at 3:44
But seriously, I hope the keep making good cars.
kotk05 2 years ago
"and mostly feudal" ...? this segment could have done without that stupid comment.
beholdmyswarthyface0 2 years ago
Well, what the hell did you think was going to happen!!!!!
Everything is made in China at super low wages. The worker in America or in Japan does not get a raise or is out of work. Now the retailer wants full price......hahahaha....GOOD LUCK. This is the end result of the Neo/Con Free Market. THE WORKER IS THE CONSUMER. IF THE WORKER IS BROKE--- WHATS HE GOING TO BUY???? This vid is way off.
rickbar123 2 years ago
(No one has commented oh well!)
Great, just great I missed something worth watching and on a worthwhile network too! I really do wish this network would follow me around more then on T.V..
(I also wish these views were higher too (but just wishful thinking I guess))
IammeoramI 2 years ago
long live japan
darkalchemistninja 2 years ago