BoJ orders banks to expand lending during the bubble

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• Princes of the Yen whole source · open book

  Especially in 1986 and 1987, for around one year, the Bank of Japan said: ‘Use more, because we have a recession.’ Window guidance can be used not just to make borrowing smaller, but also to make it bigger.

  chapter: 12. At the Trigger of the Gun

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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 4
• Princes of the Yen: Japan built, bubbled, and broken step 166
• The Bank of Japan's window-guidance machine step 39

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