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How the BOJ Created "Noninflationary" Money While Ruining the Japanese Economy

Audio Mises Wire

Tags Central BanksMonetary PolicyMoney and Banks

07/12/2022Taiki MuraiGunther Schnabl
Narrator: 
Michael Stack

The relative lack of inflation in Japan doesn't mean real wages haven't fallen.

Original Article: "How the BOJ Created "Noninflationary" Money While Ruining the Japanese Economy"

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Authors:

Taiki Murai

Taiki Murai is research assistant at the Institute for Economic Policy of Leipzig University.

Contact Gunther Schnabl

Gunther Schnabl is a professor of international economics and economic policy in the department of economics at Leipzig University, Germany.

Original Article: 
How the BOJ Created "Noninflationary" Money While Ruining the Japanese Economy