Dec 9, 2008

Hiromasa Nakamura on deflation

Deflation, rather than supply, sent yields down in Japan. The same situation will occur in the U.S.

~ Hiromasa Nakamura, a senior investor in Tokyo at Mitsubishi UFJ Trust & Banking Corp., "Obama Bonds to Give Buyers Taste of Japan Lost Decade," Bloomberg.com, December 8, 2008, by Wes Goodman

No comments: