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Japan is finally getting serious about fighting deflation, writes Scott Grannis - trying to...

Japan is finally getting serious about fighting deflation, writes Scott Grannis - trying to permanently increase the supply of yen with massive bond purchases paid for by creating reserves. The beneficiaries should be the Japanese economy, the Nikkei, and dollar/yen ( already up 5.1% in 3 weeks).
Comments (2)
  • They can fight it, but the real reason for low inflation is declining population coupled with moderate growth. They could probably increase growth more by shifting away from their export-obsessed policies, and allowing their consumers to have more purchasing power.
    22 Feb 2012, 03:58 PM Reply Like
  • It would seem they are going the opposite way by increasing taxes on consumption
    23 Feb 2012, 03:06 PM Reply Like
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