Tag Archive | "inflation"

Japan’s Economy heading towards deflation- Retail Sales Falls up to 5.8%

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It is shown from Japan consumer price Index that their economy is moving towards deflation the overall sales show that the consumption of different commodities might not be supporting prices. The government has announced to pass a budget for 2009/10 probably on Friday. Government is facing immense pressure to spend more in order to stimulate consumer price index.

comsumer price index

The main reason of this deflation is a slide in oil prices as the government makes efforts to pull out the country from deepening recession period.

There has been a larger fall in prices than what was expected in February retail sales that are yet another bad sign for the exports, as they are Japan’s main engine of growth.
Japanese inflation rate remains fixed in February, but economists warned that the country will face the deflation as soon as the global downturn hits demand at home and abroad.

In December the figure of the core Consumer Price Index (CPI) rises 0.2% but become flat in January, in this CPI the volatile fresh food prices were excluded. The CPI remains unchanged from a year earlier although it was expected that there would be a small drop.
Prices slid by 0.1 percent on per year basis in the “core-core” index, which excludes the fresh food and energy prices.

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A Brief History of Banking System

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Economists continually try and sell the public the idea that recessions or depressions are a natural part of what they call the “business cycle”. This timeline below will prove that is simply not the case. Recessions and depressions only occur because the Central Bankers manipulate the money supply, to ensure more and more is in their hands and less and less is in the hands of the people.
Central Bankers developed out of money changers and it is with these people we pick the story up in 48 B.C. below.

history of banking system

48 B.C.

Julius Caesar (right) took back from the money changers the power to coin money and then minted coins for the benefit of all. With this new, plentiful supply of money, he established many massive construction projects and built great public works. By making money plentiful, Caesar won the love of the common people.
But the money changers hated him for it and this is why Caesar was assassinated. Immediately after his assassination came the demise of plentiful money in Rome, taxes increased, as did corruption.
Eventually the Roman money supply was reduced by 90 per cent, which resulted in the common people losing their lands and homes.

30 A.D.

Jesus in the last year of his life uses physical force to throw the money changers out of the temple. This was the only time during the the life of his ministry in which he used physical force against anyone.
When Jews came to Jerusalem to pay their Temple tax, they could only pay it with a special coin, the half-shekel. This was a half-ounce of pure silver, about the size of a quarter. It was the only coin at that time which was pure silver and of assured weight, without the image of a pagan Emperor, and therefore to the Jews it was the only coin acceptable to God.
Unfortunately these coins were not plentiful, the money changers had cornered the market on them, and so they raised the price of them to whatever the market could bear. They used their monopoly they had on these coins to make exorbitant profits, forcing the Jews to pay whatever these money changers demanded.
Jesus threw the money changers out as their monopoly on these coins totally violated the sanctity of God’s house. These money changers called for his death days later.

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May 2012
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