US vs Japan: so far not much difference

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Deflation watch continues.  The following graph from Bank of Japan is the most damaging chart I’ve seen for a long while (hat tip to John Taylor and his blog).

US policy makers still have chance to revert the course. But so far, they just look all too similar.

deflation watch US vs. Japan 300x199 US vs Japan: so far not much difference

(click to enlarge; source: Bank of Japan)

Related posts:

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  3. Japan: why unemployment fell during recession?
  4. Quantitative easing: Lessons from Japan
  5. World Bank reforms voting power structure

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This entry was posted on Monday, September 20th, 2010 at 8:41 am and is filed under deflation. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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