About that Deflation!

Despite overwhelming fears of deflation in Japan by economists, by the Bank of Japan, and by prime minister Shinz? Abe, all of the preceding forgot to get the opinion of consumers.

Here's the real deal on alleged deflation: An increasing number of Japanese elderly are repeat shoplifters, trying to get caught, hoping to be rewarded with a two year prison sentence because they cannot get by on government pensions.

 Life of Crime

Please consider Japan's Elderly Turn to Life of Crime to Ease Cost of Living.

Japan's prison system is being driven to budgetary crisis by demographics, a welfare shortfall and a new, pernicious breed of villain: the recidivist retiree. And the silver-haired crooks, say academics, are desperate to be behind bars.

Crime figures show that about 35 per cent of shoplifting offences are committed by people over 60. Within that age bracket, 40 per cent of repeat offenders have committed the same crime more than six times.