Re:Japan Starts to Recharge After Two Lost Economic Decades
by kaonashi on Monday May 20, 2013 @06:27PM
(#5740549)
Right, but if you're printing and putting people to work with it, inflation is much less of an issue (more money chasing after more goods & services).
It's only when you're at your production capacity and still keep printing that you start seeing more money chasing after the same amount of goods.
Japan's unemployment is ~4%, low compared to other nations, but still high historically. Their labor force participation rate is about 8% below the U.S., though. There's lots of room to put people to work.
It's only when you're at your production capacity and still keep printing that you start seeing more money chasing after the same amount of goods.
Japan's unemployment is ~4%, low compared to other nations, but still high historically. Their labor force participation rate is about 8% below the U.S., though. There's lots of room to put people to work.