“Advocates
of QE (Quantitative Easing) point to Japan, which has endured bouts of
deflation since its economy imploded in 1990..collectively, the Japanese enjoy
the biggest net foreign asset position in the world”
Source:
Printing more money not the answer for ailing European economies by Adam
Creighton, The Australian Newspaper, Friday January 23rd 2015, page
29.
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