NBR | Japan Deflation | PBS

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Uploaded by on Feb 2, 2010

http://www.pbs.org/nbr/site/onair/transcripts/deflation_and_japanese_economy_...
PBS Airdate: January 26, 2010
Nightly Business Report Correspondent Lucy Craft examines the deflation problem in Japan. Demand continues to decline, pushing prices lower, and creating the threat of a double dip recession. For more information visit:
http://www.pbs.org/nbr/site/onair/transcripts/deflation_and_japanese_economy_...

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  • let the prices bottom

  • @aviomaster you would think, except deflation leads to wage cuts, which further increases deflation as demand goes down.

  • ha by the time this was posted japan was still the second largest economy

  • @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.

  • Keynesian crabs.

  • @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

  • 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.

  • this is PBS  propaganda , prices coming down is a good thing ,

  • Its the whole picture that's important not what ignoramus America wants. Japan shops regulate min wage and export some of their fabulous products.

  • Talk about something America needs.

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