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Japan's federal reserve (the "Bank of Japan") has been trying to increase inflation for decades. They must be jumping for joy. Now they must be thinking, ok le
by djoldman 4y ago
Japan's federal reserve (the "Bank of Japan") has been trying to increase inflation for decades.
They must be jumping for joy. Now they must be thinking, ok let's never go back to deflation but somehow land near 2% annual.
- largepeepee 4y agoThe BoJ is where the fed get their crazy money printing ideas of QE and YCC from. And even they were finally forced to raise interest rates or go bust this year after decades of wild monetary experiments. Even their money printer couldn't afford to backstop global trends anymore.
- avbanks 4y agoIt's sad but thats what I'm starting to realize.
- deleted 4y ago[deleted]
- downrightmike 4y agoThey are what the rest of the world is trying to model after.