Learning To Love Inflation: The Japanese Experiment

(Jun 23) Peter examines the likelihood of a sustainable form of inflation in Japan and its potential benefits.
  • Far from shying away from it, Japan’s policymakers are trying to encourage a sustainable version of inflation.
  • With a structural shortage of labour and the offshoring of businesses no longer looking so attractive, the prospect of inflation remaining in the system appears high.
  • Relative to most major economies, Japan will experience low inflation, but its arrival could be surprisingly positive.