A Money ILLUSION Shows Japan is Booming [Eurodollar University, Ep. 232] - a podcast by Jeff Snider, Emil Kalinowski

In 1928 American economist Irving Fischer published a book titled "The Money Illusion" in which he explained the difference between nominal numbers (Japan's exports are booming! Imports are surging!) and inflation-adjusted, real numbers (Japan's exports are falling! Imports are stagnating!).

----EP. 232 REFERENCES----
What We Can Learn From Japan About the Real Economic Risks to the World: https://bit.ly/3sn7y45
Alhambra Investments Blog: https://bit.ly/2VIC2wWlin
RealClear Markets Essays: https://bit.ly/38tL5a7
Epoch Times Columns: https://bit.ly/39ESkRf

-------THE EPISODES-------
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---------THE TEAM---------
Jeff Snider, Head of Global Investment Research for Alhambra Investments. Master of ceremonies, Emil Kalinowski. Illustrations by David Parkins. Audio and video editor, Terence. Episode intro/outro music is "Timeless Clouds" by Luwaks.

------FIND THE TEAM-------
Jeff: https://twitter.com/JeffSnider_AIP
Emil: https://twitter.com/EmilKalinowski

David: https://DavidParkins.com/
Terence: https://www.VisualFocusMedia.com

Luwaks: https://www.epidemicsound.com/artists/luwaks/
"Timeless Clouds": https://www.epidemicsound.com/track/faCAnWtBPc/

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