Paul Krugman: We Get Results, Japan Edition


 

Let it not be said that the scribblings of academic economists have no effect. Some of us have been urging the Bank of Japan to get truly aggressive and adventurous on monetary policy — and it’s happening!

And it only took 15 years.

Seriously, this is very good news. Japan is finally, finally making a real effort to escape from its deflation trap. We should all hope it succeeds.

Housekeeping note: I’ll be being human for the rest of the day, so probably no blogging.

We Get Results, Japan Edition – NYTimes.com

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This entry was posted in Japan, Macroeconomics, Paul Krugman. Bookmark the permalink.

One Response to Paul Krugman: We Get Results, Japan Edition

  1. Pingback: An Economy Under Siege, Paul Krugman — 2010 | j a u s a n ™

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