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When they expect more inflation, people spend less, not more, because they expect prices to go up, but they don't expect their incomes to go up as much, that's exactly what's happened under Kuroda-nomics.

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Reuters 9 years ago
Richard Katz

Richard Katz

Richard Katz was a German journalist, travel writer, and essayist from Bohemia.

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    "Richard Katz Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 25 Dec. 2024. <https://www.quotes.net/citizen-quote/43892>.

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