BoJ begins cutting the official discount rate

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• Princes of the Yen whole source · open book

  The Bank of Japan lowered the official discount rate (ODR) ten times in the 1990s, beginning with the first reduction in July 1991, before which it stood at 6 percent.

  chapter: 10. How to Prolong a Recession

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• Richard Werner author of the source

Appears in 3 stories

• Japan's asset bubble: credit orders, land, stocks, and the Nikkei step 33
• Paper money, central banks, and credit creation step 38
• Princes of the Yen: Japan built, bubbled, and broken step 210

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