Bank of Japan adopts quantitative easing

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• Princes of the Yen whole source · open book

  The central bank performed a sudden policy U-turn on March 19, 2001, now officially pursuing what it calls a policy of “quantitative easing” despite the fact that it had claimed for a decade that such a policy was impossible to implement.

  chapter: 14. The Goal of Monetary Policy

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• Richard Werner author of the source

Appears in 3 stories

• Paper money, central banks, and credit creation step 60
• Princes of the Yen: Japan built, bubbled, and broken step 297
• Quantitative easing begins in Japan step 15

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