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TIP462: What is money? w/ Lyn Alden
We Study Billionaires - The Investor’s Podcast Network
Is This What Happened to Japan?
The men stood for decades without almost any price inflation, and with very low a monetary inflation. Many macroanalists assume that if this is what happening to japan, it's going to happen to the us, to the rest of the world. Even you think that they are wrong. Why is that? Two main reasons. The whole massive private leveraging and public leveraging happened primarily during the 20 tenth decade,. which was a very disinflationary decade in terms of commodity market. Another third factor, i would say, is that unlike most countries in the developed world, japan has very little political polarization, or rising popularism and tensions in the country. That gives them a deeper
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