More summer musings on demography and deflation
Lars Christensen, CEO & Founder Markets & Money Advisory, LC@mamoadvisory.com, @MaMoMVPY
I am still vacationing, but I nonetheless wanted to share some more thoughts on the impact of demography on the conduct of monetary policy. Here I focus on the impact on money demand.
First take a look at this graph showing the relationship between the aging of the Japanese population and Japanese money-velocity.
Have a look at my summer musings on demography and deflation here.
See my previous webcasat on the same topic here.
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