How The Economy Of Japan Could Predict The Next Decade
Economics Explained
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Japan's Greatest Crisis of All Time
The boom of the 19 eighties did not last forever. It instead kicked off the beginning of stagnation in japan. As demand for goods fell, so too did their price. The reduction in the general price level of goods and services is called deflation. In response to this, the central ank became increasingly desperate to try out new strategies to stimulate the economy. But unfortunately, it had very little impact.
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