Deflation and Japanification
Scientific Macroeconomics & The Quantity Theory of Credit Prof. Richard A. Werner
Theories of Banking and the Economy
1. The Financial Intermediation Theory
2. The Fractional Reserve Theory
3. The Credit Creation Theory
to happen after 2020 in USA after coronavirus shock?
the demand shock&drop leads to deflation
following into footsteps of the Lost decadeS in Japan???
- starts with DEBT deflation, then leads to the drop in Equities??