To Overcome Reverse Wealth Effect
Saturday, December 27, 2008
Summary of "Yamada Model"
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Because I think it's useful to summarize the context of "Yamada Model" till now, I'll write it down. Bubble is caused by p...
Tuesday, January 15, 2008
General Comment
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In the U.S. the real estate price has become about 300% from that of ten years before in average, and now is probably been adjusted for 20 t...
Monday, January 14, 2008
The Picture of B/S and P/L of Economic Units under Bust of Bubble
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Let's see how bust of bubble affects the balance sheet(B/S) and income statement(=profit & loss, P/L) of economic units. To know thi...
Sunday, December 30, 2007
Additional Comment
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This is an additional comment on "Logic of New Monetary and Tax Policy" published on Tuesday, August 14, 2007 on this blog. 1. To ...
Sunday, December 16, 2007
Illustration on Multiplier Effect of Original Fund of The Central Bank and it's Absorption by The Government
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Here, let me illustrate the pragmatic picture of Logic of New Monetary and Tax Policy published on Tuesday, August 14, 2007 on this blog. As...
Tuesday, August 14, 2007
Logic of New Monetary and Tax Policy
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When asset was overvalued, and later downward adjusted, the economy is reversely wealth effected. Usually reverse wealth effect is coped wit...
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