Mark Thornton: Abenomics–the “new economic policy” in Japan - TopicsExpress

Mark Thornton: Abenomics–the “new economic policy” in Japan is failing badly. It is a policy of inflation targeting, quantitative easing, government spending and higher taxes. Initially, it seemed to work in that the Japanese stock market rose significantly. However more recent reports find the real economy still stagnating and shrinking. bastiat.mises.org/2014/08/insanonomics-failing-in-japan/

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