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The article attempts to claim that Japanese policymaking is somehow responsible for low prices. Correlation is not causation. For example one could posit that J
by contingencies 10y ago
The article attempts to claim that Japanese policymaking is somehow responsible for low prices. Correlation is not causation. For example one could posit that Japan is affordable precisely because nobody has any money, because their economy has been stagnant for two decades and against an aging population and reduced investment in critical technology such as industrial robotics it shows every sign of remaining so. Perhaps for many hope has left the building and with the absence of meaning life has become a rinse-and-repeat ritual of careful commuting.