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The Real Lessons From Japan’s Monetary Experiment

The Real Lessons From Japan’s Monetary Experiment
Japanese Prime Minister Shinzo Abe addressses during the XXIII ANOC General Assembly in Tokyo, Japan, on Nov. 28, 2018. Mark Runnacles/Getty Images
Daniel Lacalle
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Commentary
A recent article in the Financial Times, “Abenomics provides a lesson for the rich world,” mentioned that the experiment started by Prime Minister Shinzo Abe in the early 2010s should serve as an important warning for rich countries.
Daniel Lacalle
Daniel Lacalle
Author
Daniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat”​ (2015), and “Life in the Financial Markets.”
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