Global Inflation In Japan Does Not Speak German

The QQE2020 iteration was already failing by CPI standards from five (now six) years ago. The Base 2015 version of Japan’s average consumer bucket had indicated only the same distinct lack of consumer price inflation despite this overwash of purported currency. According to this now-older set of figures, Japan had gone outright deflation (as it continues to do no matter which numbering or set of letters attached to QE) beginning last October and ending this May.

Statistics Bureau Japan today says, nope, the Japanese economy has yet to escape outright deflation which actually began one month sooner, starting last September. The new benchmark Base 2020 consumer price bucket has substantially revised recent price activity and changes in a way that only further exposes this most central central bank scam:

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Disclosure: This material has been distributed for informational purposes only. It is the opinion of the author and should not be considered as investment advice or a recommendation of any ...

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