|
|
Post by The Great Aztec Joe on Aug 27, 2010 5:38:30 GMT -8
Lower unemployment in Japan but persistent deflation signal murky outlook TOKYO (AP) -- Japan's government released a mixed bag of economic indicators Friday that did little to inspire confidence in the country's fragile recovery. The unemployment rate in July improved for the first time since January, but families made less money. Deflation persisted as consumer prices fell for the 17th straight month. Household spending rose, but the upswing may falter once government incentives for purchases of goods such as energy-efficient household appliances expire later this year. The latest numbers underscore growing uncertainty for Japan's export-driven economy as it faces a surging yen and slowing global growth. In the April-June quarter, Japan lost its place to China as the world's No. 2 economy after posting annualized growth of just 0.4 percent. "In our view, concern looms large for consumption given a weak labor market and fading policy stimulus," said Goldman Sachs economist Chiwoong Lee said in a note to clients. Prime Minister Naoto Kan told reporters that Japan will take "decisive action" when necessary against excessive foreign exchange volatility. finance.yahoo.com/news/Japans-jobless-rate-falls-but-apf-3816646867.html?x=0&sec=topStories&pos=4&asset=4f732445d8a3a8f6ba237cf1aa435b64&ccode=
|
|
|
|
Post by The Great Aztec Joe on Aug 27, 2010 5:41:40 GMT -8
I see many people afraid that this is what will happen to us. We are flirting with deflation, but still are not there..
I am counting on Inflation because of all of these government spending programs and all of the freeby incentive programs just like Japan and China and most of western Europe.
All of the larger economies are stimulating their selves. (Is that masturbation?)
So what happens when the masturbation stops? Or will it?
|
|
|
|
Post by aztecwin on Aug 28, 2010 10:36:15 GMT -8
Makes you wonder how to act in these times. Our currency would weaken against Japan if there were deflation in Japan. It would make American goods cheaper in Japan. By the same token it makes people want to hold on to their money in those places because it becomes worth more. It is just not healthy for us if deflation is present anywhere. We need more economic activity but not the kind that is spurred with printed money that debases the what we have.
|
|
|
|
Post by The Great Aztec Joe on Aug 29, 2010 8:03:33 GMT -8
As you can clearly see now that I have explained it with Aztec Joe Economics 101, the federal government spending money in insane fashion does not necessarily lead to inflation. Japan did it and they are stuck with deflation.
|
|
|
|
Post by aztecwin on Aug 29, 2010 8:13:54 GMT -8
As you can clearly see now that I have explained it with Aztec Joe Economics 101, the federal government spending money in insane fashion does not necessarily lead to inflation. Japan did it and they are stuck with deflation. See my comment in your Econ 101. You have to be able to understand that as a medium of exchange, money must be able to purchase goods or services. If for instance, Stimulus money would have been spent efficiently and things of lasting value were created, your idea would hold water. Since government is inefficient to begin with, you have the inflation created by the difference in the money created and the bridges or roads built. That insane spending could not even do that. It is worse because no jobs were created and the value of the infrastructure built or being built is diminutive compared to the cost. Even people like Aztec70 and =Bob, people who like spending other peoples money (but not their own) for some fleeting ideal like "common good", can see you are full of it.  |
|
|
|
Post by The Great Aztec Joe on Aug 30, 2010 5:44:03 GMT -8
As you can clearly see now that I have explained it with Aztec Joe Economics 101, the federal government spending money in insane fashion does not necessarily lead to inflation. Japan did it and they are stuck with deflation. See my comment in your Econ 101. You have to be able to understand that as a medium of exchange, money must be able to purchase goods or services. If for instance, Stimulus money would have been spent efficiently and things of lasting value were created, your idea would hold water. Since government is inefficient to begin with, you have the inflation created by the difference in the money created and the bridges or roads built. That insane spending could not even do that. It is worse because no jobs were created and the value of the infrastructure built or being built is diminutive compared to the cost. Even people like Aztec70 and =Bob, people who like spending other peoples money (but not their own) for some fleeting ideal like "common good", can see you are full of it. Not to worry. We will always be able to purchase goods and services. It will just be a matter of degree. Remember according to Aztec Joe Economics 101, all of the economists are wrong at least fifty percent of the time in what they do to help the economy. Economics is not Science. |
|
|
|
Post by The Great Aztec Joe on Aug 30, 2010 5:47:17 GMT -8
Printed Money and Electronic Money are two different things in how they can effect the economy. The operative word here is "CAN."
Keep that in mind when you feel compelled to attack Liberals. Most Liberals who are thinkers are geniuses who are constantly befuddled by reality. Luckily most liberals are not thinkers. Thinking only drives you nutz.
|
|
|
|
Post by aztecwin on Aug 30, 2010 12:47:02 GMT -8
Printed Money and Electronic Money are two different things in how they can effect the economy. The operative word here is "CAN." Keep that in mind when you feel compelled to attack Liberals. Most Liberals who are thinkers are geniuses who are constantly befuddled by reality. Luckily most liberals are not thinkers. Thinking only drives you nutz. My guess is you could count those liberal thinkers on the toes of Tom Dempsey's kicking foot. |
|
