This is expansionary monetary policy...

... this is expansionary monetary policy on drugs




Note: Japan's M1 growth is labeled on the RHS, with range -1.5% to 1.5%.

Any questions?

I know, kind of corny; and I did grapple over which set of economies should be labeled "on drugs", the BIICs or the Majors.

And BIICs is NOT a typo. I'm going with BIICs now - Brazil, Indonesia, India, and China. This is a modified version of Jim O'Neill's famous cohort, the BRICs (Brazil, Russia, India, and China), whose economies in $ terms are expected to jointly transcend the G6 by 2050. Russia's been ousted for reasons that I will discuss at a later time.

Soon to come: Indonesia vs. Russia.
 

Rebecca Wilder 
New N Economics 

Ms. Wilder is an Economist in the financial services industry in Boston, MA and remains anonymous due to possible conflicts with her employer. The blog presents lots of data - mostly in the areas of macroeconomics and international finance - pertaining to current events, politics, and finance both in the U.S. and abroad.

Ms. Wilder received her Ph.D. from the University of Colorado, Boulder and her specialties are international finance and macroeconomics. She works on an Economic Research team in the financial industry and occasionally appears on TV as an expert Economist.

Copyright © 2008 New N Economics

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