By borrowing yen with near-zero financing costs, hedge funds and private equity are chasing stocks, commodities, currencies, and real estate both inside and outside of Japan
China, South Korea, and other nations once colonized by Emperor Hirohito's legions remain extremely wary of Japan
developing into a true military power.
68) Even more absurd was the fact that the Bank of Japan
discovered that it did not have enough paper with which to print the new notes.
The bubbles burst in 1989, after the Bank of Japan
raised interest rates, slashing liquidity growth and making it impossible for banks to keep pushing money out the door.
in the area of aid policy," quoting the White Paper on ODA of Japan
as follows; " .
Furthermore, the pair found that YAP-positive chromosomes appeared with much greater frequency in the southern islands of Japan
than in the country's main islands.
Former Bank of Japan
Governor Masaru Hayami, among others, would point to specific price drops, like those prompted by new imports to Japan of cheap clothing, and say that this constituted "good deflation" and thus confuse the public.
in economics from Brown University, Yamakawa worked for the Bank of Japan
for 15 years before joining Goldman, Sachs.
And perhaps most important, deflation shows signs of easing thanks to aggressive monetary stimulus by the Bank of Japan
For a long time, people didn't know what to think of Japan
Have twelve years of Japan
banging its head against a brick wall not been proof enough of a failed policy?
The Japanese have been led to believe they must sacrifice for the survival of Japan
," says William Hudson Jr.