Japan's first postwar bubble economy

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• Princes of the Yen whole source · open book

  Using window guidance, it ordered the banks to expand credit to speculative real estate borrowers. As a result, land prices soared and Japan found itself in the midst of the first postwar bubble economy.

  chapter: 1. Japanese Lesson

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• Richard Werner author of the source

Appears in 2 stories

• Princes of the Yen: Japan built, bubbled, and broken step 121
• The Bank of Japan's window-guidance machine step 26

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