The Myth of Japan’s “Lost Decade”

One of the great economic myths of our time is Japan’s “lost decades.” As Japan doubles-down on inflationary stimulus, it’s worth reviewing the facts. The truth is that the Japanese and US economies have performed in lock-step since 2000, and their  performance has matched each other going as far back

Monetary Stimulus as History’s Weapon of War

  Throughout history armies have used counterfeit currency as a weapon of war. Interestingly enough, the method used is nearly precisely what central banks do today to their own economies. The history of monetary stimulus as weapon of war informs one of the most most important aspects of the business