Abenomics Down The Memory Hole: Maniac Money Printing Has Not Stopped Japan’s Falling Wages

I suppose there is some cosmic and ultimately cruel irony to the fact that the new release of wage data in Japan happened today, April Fool’s Day. All the hopes that were pinned on last month’s positive reading in scheduled wages, the permanent income component, were flushed down the memory hole of statistical revisions. For [...]
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