Weinberg: Japan's Inflation Is a Local Phenomenon

The video discusses Japan's GDP deflator and its deflation as a local phenomenon, unaffected by global markets. It highlights China's price structure, emphasizing its domestic determination and global influence. The discussion shifts to global price setters, particularly China's role, and the dynamics of the oil market, predicting a rise in oil prices due to supply-demand imbalances.

What is the significance of China's price structure in the global economy?

What recent changes in oil supply and demand were discussed?