Forbes (March 23)
2013/ 03/ 23 by jd in Global News
“Forget Cyprus. A much bigger story in the coming weeks and months will be in Japan, where one of the greatest economic experiments in the modern era is about to begin. A country where government debt even dwarfs those of Europe’s crisis-ridden nations, Japan will attempt to inflate its way out of a 23-year deflationary spiral.” While the consensus seems to be that an accomodative monetary policy may jump start Japan’s economy, some fear it will instead “lead to a hyperinflationary disaster.”
