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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