Thursday, March 19, 2020

Japanization: 30 Years of Failed Economic "Stimulus"

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Japanization: 30 Years of Failed Economic "Stimulus" | Mises Wire: In Europe, the danger of “Japanization”—a long-lasting economic stagnation accompanied by expansionary monetary and fiscal policies (Schnabl 2015)—is now discussed more intensively, as the stagnation in southern Europe continues and the ultraloose monetary policy of the European Central Bank (ECB


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