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[1] Also I will never understand Asian nations :
1/ BoJ chasing 2% inflation target for 30Ys, while Japan as a society is getting slowly exterminated.
2/ China with 1 child policy borrowing B$ to build ghost towns and as their demographics collapse who will be living there?
1/ BoJ chasing 2% inflation target for 30Ys, while Japan as a society is getting slowly exterminated.
2/ China with 1 child policy borrowing B$ to build ghost towns and as their demographics collapse who will be living there?
[2] I also came to conclusion if your velocity of money will drop below certain level -> demographics will eat you and that's a point of no return.
velocity of money now seems to be equivalent of loans / deposits ratio also, not only GDP / money supply.
![[2] I also came to conclusion if your velocity of money will drop below certain level -> demographics will eat you and that's a point of no return.velocity of money now seems to be equivalent of loans / deposits ratio also, not only GDP / money supply.](https://pbs.twimg.com/media/EoQ3VY4WMAMBnRb.jpg "[2] I also came to conclusion if your velocity of money will drop below certain level -> demographics will eat you and that's a point of no return.velocity of money now seems to be equivalent of loans / deposits ratio also, not only GDP / money supply.")
![[2] I also came to conclusion if your velocity of money will drop below certain level -> demographics will eat you and that's a point of no return.velocity of money now seems to be equivalent of loans / deposits ratio also, not only GDP / money supply.](https://pbs.twimg.com/media/EoQ3VY2WEAMXiEe.jpg "[2] I also came to conclusion if your velocity of money will drop below certain level -> demographics will eat you and that's a point of no return.velocity of money now seems to be equivalent of loans / deposits ratio also, not only GDP / money supply.")
velocity of money now seems to be equivalent of loans / deposits ratio also, not only GDP / money supply.
[3] Japan was first and had big opportunity to rebalance their economy to restore middle class.But it required bust some pain and economical rebalance, but they didn't want. They prefer to got stuck and increase counter-productivity same time lowering velocity of money.
![[3] Japan was first and had big opportunity to rebalance their economy to restore middle class.But it required bust some pain and economical rebalance, but they didn't want. They prefer to got stuck and increase counter-productivity same time lowering velocity of money.](https://pbs.twimg.com/media/EoQ59C_WMAkHNyn.jpg "[3] Japan was first and had big opportunity to rebalance their economy to restore middle class.But it required bust some pain and economical rebalance, but they didn't want. They prefer to got stuck and increase counter-productivity same time lowering velocity of money.")
[4] You can give cash, you can implement programs to increase fertility but once velocity drop below certain level, economy is going to kill you with demographics. It's like you are started downhill from the top of a mountain and can't stop. Only high productivity means fertility
[5] So velocity drops below certain level deposits skyrocketing loans crashing-side effect is wealth inequality raising too, demographics starts 
. Looks like Central Bankers' job is a Sisyphean work. The more they want the harder its being offset finally exterminating a nation.
. Looks like Central Bankers' job is a Sisyphean work. The more they want the harder its being offset finally exterminating a nation.
[6] And final conclusion - last time it required WW2+great depression so finally economy could be cleaned starting 
velocity of money, equality, productivity and fertility and happiness. Not saying we must do it same way, but BoJ policies so far keeps exterminating its society!
velocity of money, equality, productivity and fertility and happiness. Not saying we must do it same way, but BoJ policies so far keeps exterminating its society!
