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Abe committed to continue doing what Japan has been doing for the last 20 years anyhow. That is not a change in monetary policy. That is not a commitment to bei
by crdoconnor 12y ago
Abe committed to continue doing what Japan has been doing for the last 20 years anyhow. That is not a change in monetary policy. That is not a commitment to being irresponsible. That is just business as usual. No inflation was caused by that.
The only difference is that he mixed in a BIT of stimulus spending to the mix.
That actually had a real inflationary effect on the economy, although the stimulus wasn't that big so the effect wasn't that big either.