For nearly three decades, the Japanese economy has slowly imploded under low interest rates and heavy government debt. It may soon be time to pay the piper.
Gunther Schnabl
Gunther Schnabl is a professor of international economics and economic policy in the department of economics at Leipzig University, Germany.
Latest work
The latest bout of inflation has exposed how central banks around the world have used easy money policies to help cover for the economic drag created by the regulatory state.