If the BoJ’s QQME with YCC were going to do something, it would have happened—or at least, begun—by now.
Tag Archives: depopulation
The meaning of negative interest rates
Yields on 10-year JGBs and Bunds are approaching zero. But the meaning of near-negative interest rates is different in Japan than in Germany.
Productivity will not bail out Japan’s economy
What good are productivity gains when demand is doomed to shrink with the population?