Japan’s Ultraloose Monetary Policy Has Undermined Savings and Prosperity


The Japanese experience offers valuable lessons for the US and Europe. A loose monetary policy can stabilize a recession for the short term, but a persistent flood of cheap money paralyzes productivity gains and growth.

Original Article: “Japan’s Ultraloose Monetary Policy Has Undermined Savings and Prosperity​”.

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.

 



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