
Inflation, Long Depression and P&O Workers Struggle
Marx Engels Institute
00:00
Is There a Parallel Between Japan and the United States?
Inflation had kind of just started, but it was nothing close as severe as now. And so i think the main kind of parallel is just the action, ande the kind of em panic that comes with a sudden surge of inflation. I'm in the same kind of panic to reaction that the b o j am had to inflation. The united states will have similar issues, because they have more resources than japan does. It's very interest ing that even now, japan actually has had a bit more inflation, but it's been much, much lower than the united states.
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