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addictedtolols t1_iu755l6 wrote

Reply to comment by RedditIsShit9922 in Japan unveils $200 billion in new spending to ease inflation pain by NBAtee

if spending made inflation worse then japan should have earth shattering, empire ending inflation since the 90s. but japan is one of the most deflationary places on the planet alongside south korea and eventually china

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Various-Way-7219 t1_iu82x83 wrote

Because there's no spending in Japan. Japan has lowest broad money growth since 90s.

Japan central bank is just straight up buying bad bonds and stocks from public and private sectors to keep them afloat. BoJ cannot do anything with these on their books. These are now essentially out of economy.

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