Textbook Demolition

By |2014-10-22T11:00:13-04:00October 22nd, 2014|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

The chatter that continues over Japan’s spiral into (further) economic impoverishment is simply astounding since it is taken as “expert” by the media. A credentialed economist will look at some numbers and simply take them as meaningful, especially if they are the “right” sign in the “right” direction. This is either wholly obtuse or intentionally misleading. Stronger exports would support [...]