Archive for February 21st, 2014

How deflation/low inflation situations are different in US, Japan and Europe..

February 21, 2014

Mickey Levy, Chief Economist of Bank of America explains the topic in voxeu.

He says there are no real reasons for worry with respect to US. Though Europe has to prevent itself from becoming another Japan. For Japan, it has to continue to make efforts to come out if its nearly 25 year mess:


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