Macro Economy (Basic)

Macro Economy (Basic)

Bashing the Elderly: A Zero-Sum Fallacy That Only Accelerates Economic Decline

For some time now, a certain narrative has permeated the int...
Macro Economy (Basic)

Indicators for Measuring Inflation Concerns (Part 5): The Ultimate Metrics are the Current Account and Net Foreign Assets

I have discussed various indicators so far, but money (speci...
Macro Economy (Basic)

Monetary Policy for Fighting Inflation, Fiscal Policy for Fighting Deflation

Back in the day, there was a popular TV program on TV Asahi ...
Macro Economy (Basic)

Starving Themselves for Fear of Overeating

No one in their right mind would choose to remain malnourish...
Macro Economy (Basic)

Indicators for Measuring Inflation Concerns (Part 4): Real Wages as a Top-Tier Metric

Real wages are what remains of your earnings after stripping...
Macro Economy (Basic)

Indicators for Measuring Inflation Concerns (Part 3): Take the “Output Gap” with a Grain of Salt

In principle, the Output Gap represents the difference betwe...
Macro Economy (Basic)

Indicators for Measuring Inflation Concerns (Part 2): Is the Unemployment Rate Losing Its Significance?

The unemployment rate has long been considered a powerful in...
Macro Economy (Basic)

Indicators for Measuring Inflation Concerns (Part 1): The CPI Is Essential, But It Only Tells Half the Story

In my previous post, I argued that the true yardstick for fi...
Macro Economy (Basic)

Why Does the Government Issue Bonds in the First Place?

While the government technically has the power to increase t...
Macro Economy (Basic)

Government Bonds Are Not “Debt”

In my previous post, I explained that the government can cre...