Turning Japanese? Thoughts on inflation

OpinioPro Selection
Door maart 25, 2019 14:02

Turning Japanese? Thoughts on inflation

Japan has had so little inflation in its core consumer price indices that it has just experienced a sobering anniversary: 20 years of zero interest rates. Whether Japan’s experience provides a roadmap for the rest of the developed world is still open to debate. What is clear is that, despite the most extreme monetary policies ever seen, the world has not seemed to be able to generate the levels of consumer price inflation that conventional economic thinking has expected. Here, we look at why this is and what we might expect in the future. Structural disinflation prevails for now Exactly why domestic monetary inflation has not created consumer price inflation is not well understood, but is likely to relate to a number of factors such as the nature of quantitative easing (QE) – the impact of which has been limited to the financial sector; globalisation; demography; debt growth; the impact of technologies such as automation on employment; and the effect of cheap money on pricing power in the economy, to mention just a few. 

Japan has had so little inflation in its core consumer price indices that it has just experienced a sobering anniversary: 20 years of zero interest rates. Whether Japan’s experience provides a roadmap for the rest of the developed world is still open to debate. What is clear is that, despite the most extreme monetary policies ever seen, the world has not seemed to be able to generate the levels of consumer price inflation that conventional economic thinking has expected. Here, we look at why this is and what we might expect in the future. Structural disinflation prevails for now Exactly why domestic monetary inflation has not created consumer price inflation is not well understood, but is likely to relate to a number of factors such as the nature of quantitative easing (QE) – the impact of which has been limited to the financial sector; globalisation; demography; debt growth; the impact of technologies such as automation on employment; and the effect of cheap money on pricing power in the economy, to mention just a few. 

OpinioPro Selection
Door maart 25, 2019 14:02

Zoek

Asset Allocation Consensus September

Twitter

Een van de meest gestelde vragen: Heeft het wel zin om de #assetallocation consensus te volgen?

Want het is toch openbare informatie... Na meer dan 7 jaar ziet de outperformance er zo uit #wisdomofthecrowds

Was rustig deze maand met het updaten van de Asset Allocatie Consensus. Ik verwacht met het aankomende #outlook seizoen, dat het wijzigingen gaat regenen de komende weken 😀

Lees de laatste stand hier -> https://t.co/I2u1R6Lre0

#equities #assetallocation

Goud, Zilver en Bitcoin gehoorzamen aan dezelfde wetten https://t.co/RIwa4MuX4z via @opinio_pro
@100trillionUSD

Load More...

Zoek op datum

maart 2019
M D W D V Z Z
« feb   apr »
 123
45678910
11121314151617
18192021222324
25262728293031