
Richard Connaughton
Richard Connaughton, a retired British army colonel, is author of Rising Sun and Tumbling Bear: Russia's War with Japan.
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Is Japanese Militarism Back?
Richard Connaughton, a retired British army colonel, is author of Rising Sun and Tumbling Bear: Russia's War with Japan.
Huge fiscal and monetary stimulus programs have sparked a growing debate about whether advanced economies may sooner or later experience the sort of rapid price growth last seen a generation ago. While stimulus advocates point to current weak demand and the public’s deeply ingrained low-inflation expectations, anxious hawks fear that a new and dangerous global inflationary consensus may be taking hold.