[quote=briansd1]patientrenter, your facts make my point. Despite all the money printing and government spending, inflation did not take off in Japan. That’s the Japan lesson…… [/quote]
I am sorry, I missed your reference to an absence of inflation in Japan. I only saw your comment referring to Japanese “deflation”. I was pointing out that Japan is not experiencing deflation. It’s not experiencing inflation either. What Japan has experienced since 1993 is simply price stability.