BoJ sharply boosts credit creation

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• Princes of the Yen whole source · open book

  In March 1998, the Bank of Japan suddenly boosted credit creation sharply. Our index reached the highest level since January 1974, when the BoJ was supplying the funds for the 1970s real estate bubble.

  chapter: 10. How to Prolong a Recession

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• Richard Werner author of the source

Appears in 3 stories

• Paper money, central banks, and credit creation step 56
• Princes of the Yen: Japan built, bubbled, and broken step 270
• Quantitative easing begins in Japan step 7

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