The end of inflation?

Article Abstract:

Inflation in Organization for Economic Cooperation and Development countries is now about 3-4%. The time is right to stabilize prices and reduce inflation to 0%. Price stabilization would create lower interest rates and provide opportunities for long-term planning in business.

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Japan in a bind

Article Abstract:

Japan needs to come up with meaningful economic reform. Protectionist trade policies and regulations have stagnated industries and driven prices up. Unemployment is rising, bankruptcies are increasing and the yen is rising rapidly.

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On target?

Article Abstract:

The latest fashion amongst central bankers is inflation targeting, which is claimed to provide an effective monetary framework for achieving low inflation. However, it has not been tested by major inflationary shocks.

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