Interesting because every time my wife and I have gone back to visit family over the past 20 years - prices have been higher. The deflation came in the form of business activities - infrastructure, financial, real estate. but as we are doing in the US today, prices for core necessities have continued to rise in Japan.
Japan and the US have the same issue an over-regulated, bifurcated economy - deflationary businesses outside of core necessities (ie food, fuel, utilities). with core being inflationary.
“Japan and the US have the same issue an over-regulated, bifurcated economy - deflationary businesses outside of core necessities (ie food, fuel, utilities). with core being inflationary”
A lose-lose scenario for the middle class.
At least the Weimar Republic had full employment.
We are told we have no inflation, therefore we get no return on fixed income investments-yet anyone who buys food and household products knows prices are zooming up. Sounds like the Japanese are being lied to just as we are.