Monday, September 20, 2010

My latest story for Asia Times: Ten-yen stores capture deflation dilemma

Here is my latest story for Asia Times published today. If you have time, please go over this.




Ten-yen stores capture deflation dilemma


As the United States flirts with deflation, economists point to Japan for examples of the damage falling prices can inflict on society. Yet Japanese chain store Recycle Garden shows how profits can be made in such dire circumstances - at least for a short while. - Kosuke Takahashi