Deflation and The Myth of Japan's "Lost Decade"

One of the great economic myths of our time is Japan’s “lost decades.” As Japan doubles-down on inflationary stimulus, it's worth reviewing the facts.

The truth is that the Japanese and US economies have performed in lock-step since 2000, and their performance has matched each other going as far back as 1980 (!)

Either Japan’s not in crisis, or the US has…