March 26, 2012 at 07:54 AM EDT
Lessons From Japan?
Via Mark Thoma, Robin Harding at the FT Money Supply blog reports on a speech given by Bank of Japan Governor Masaaki Shirakawa. The speech reportedly details the problems that emerge from aggressive monetary policy. I cannot find a link to the speech itself, but luckily the FT quotes key sections. The first concern is two-fold: [...]
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