Farmers That Finance the World

Plus: Inflation Accounting, Stress Tests, GameStop

Last time I was in Japan was the year before Covid. Together with my family, I travelled across the country by train, zig-zagging from Tokyo into the Kamikochi National Park (“the Japanese Alps”) before heading down to Kyoto and the south. I’d been to Tokyo several times before for business meetings, but this was the first time I’d ventured out into the…