A Money ILLUSION Shows Japan is Booming [Eurodollar University, Ep. 232]

Eurodollar University · May 13, 2022 · 10m

In 1928 American economist Irving Fischer published a book titled "The Money Illusion" in which he explained the difference between nominal numbers (Japan's exports are booming! Imports are surging!) and inflation-adjusted, real numbers (Japan's exports are falling! Imports are stagnating!).

----EP. 232 REFERENCES----

What We Can Learn From Japan About the Real Economic Risks to the World: https://bit.ly/3sn7y45

Alhambra Investments Blog: https://bit.ly/2VIC2wWlin

RealClear Markets Essays: https://bit.ly/38tL5a7

Epoch Times Columns: https://bit.ly/39ESkRf

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