August 6, 2010
NIA Releases 'Japan: America's Lost Decade'
The National Inflation Association is pleased to announce that it has released a video report about Japan's "Lost Decade" of deflation and how it relates to the U.S. economy. 'Japan: America's Lost Decade' is the most comprehensive video ever produced about Japan's deflationary crisis of the 1990s. It proves that America is more likely to experience hyperinflation this decade and not deflation like Japan.
NIA's new movie is 12 minutes long and goes over all of the most important economic facts and statistics about the Japanese economy of 1990, the year in which they passed peak consumer spending. The American economy has just passed peak consumer spending. Be sure to watch 'Japan: America's Lost Decade' to find out the major similarities and differences between Japan of 1990 and the U.S. of today.
To watch 'Japan: America's Lost Decade', please visit NIA's video page.
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